PL

Construction sector turns the corner

Construction
POLAND In the first six months of 2015 the income of Polish construction companies listed on the Warsaw Stock Exchange was 9.2 pct higher than for the same period last year.
According to the ‘Polish Construction Industry 2015: Key Players, Key Growth Factors and Prospects for Development’ report, prepared by consulting company Deloitte, their sales margins also improved, rising to 8.3 pct, compared to the figure of 7.2 pct in the first six months of 2014. Deloitte claims that the further development of construction companies in Poland depends on the efficiency of the public sector in organising tenders for the development of major infrastructure projects. The construction industry in Poland is slowly recovering after the decline of 2012 and 2013, which followed the completion of large-scale investment projects financed by EU and the preparations for Euro 2012. Even last year it was becoming clear that construction companies were slowly turning the corner and this trend has only been confirmed in 2015. According to the analysis prepared by Deloitte, the incomes of construction companies listed on the Warsaw Stoc
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