CEEC: Construction will grow by 2.2 %, next year by 1.1 %

Published: 25.11.2021 Related countries:  New Zealand New Zealand, Australia Australia

Small construction companies expect faster growth than large companies. Companies' capacities are on average 96% utilised.

Construction will grow by 2.2% in 2021 and by a further 1.1% next year. This is according to an analysis by CEEC Research conducted with the support of Central Group.

Small construction companies expect faster growth than large companies. Revenues of construction companies will grow by up to 2.2% in 2021. Revenues in civil engineering will increase faster, by 3.4%. Large construction companies will see their revenues rise by up to 3.4%. Companies' capacities are on average 96% utilised. In 1Q 2022, they expect their capacities to be 86% utilised on average. Companies now have contracts on average nine months in advance.  

Source: Daily news | ČIA news
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