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
Czech Trade and Czech Invest Sydney