Survival infrastructure

The postponement of projects across the real estate sector translates into a lack of work for construction firms. thankfully, there are still many road, airport, stadium and other civil engineering projects yet to be builtEmil Górecki The asking prices for construction services in the whole Central and Eastern Europe region in the first half of 2008 grew by an average of around 8-9 pct. The main reasons for this were growing fuel, electricity and building materials costs, as well as the high prices of skilled workers. Despite this, construction firms did not have to worry about a lack of orders in this period, when there were plenty of commercial and residential projects up for grabs. Clearly, now we are in the midst of the credit crunch, the lack of finance for construction companies as well as for the entire sector has taken its toll on the number of ongoing projects. It seems that all the operator