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Real estate and construction
The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Construction are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting activities. It also includes management and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
The Russian invasion of Ukraine changed the European economy, creating an unfavourable business environment. Poland's construction sector has been strongly affected because of its high dependency on energy prices, the outflow of Ukrainian employees, ...
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The infrastructure sector is among the brightest in the Polish economy. The government considers the sector to be of significant importance to driving the country's economic progress, enhancing living standards and ensuring a sustainable future. EU ...
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Civil engineering construction and assembly production by construction entities in Poland was worth PLN 57.6bn in 2019, recording an increase of 6.3% that year, while the construction and assembly production of specialised construction ...
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The COVID-19-induced recession meant it was vital for governments around the world to work hard to counteract the wide-ranging effects of the pandemic. While private investments may have suffered from the uncertainty of the pandemic, ...
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Both transport and energy infrastructure in Russia are of great economic and political importance for the country, which helps to explain the strong government involvement witnessed in the sector. State-owned companies operate as natural ...
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Turkey has a well-rounded and impressive infrastructure sector, thanks mainly to years of government focus, with big chunks of the national budget being allocated to its transport and energy networks. It has one of the world’s busiest ...
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The Polish construction sector generated GVA of PLN 144.1bn in 2019, which corresponded to 6.3% of the country’s GDP. Of the PLN 230.2bn construction and assembly production value (realised by construction firms), 45.6% was ...
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The Polish construction sector generated a gross value added (GVA) of PLN 148.1bn in 2018, accounting for 7% of GDP. As much as 38% of the construction output came from specialised construction activities. It was followed by construction of ...
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For more than a decade, the construction sector has been a major driver for the Turkish economy’s expansion at rates above 5%. The rapid expansion was supported by favorable demographics and government policies, which included large ...
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