CIC - Construction Intelligence Center

Growth Resurgence in Eastern Europe

  • Published:Thursday, August 03, 2017


The general economic outlook for the Eastern Europe region is improving, with growth momentum building. In terms of construction output, many countries in the region posted strong growth figures over the first five months of 2017, following sharp declines over 2016.

 

This is in line with Timetric’s expectations. These markets rely heavily on funds from the European Union (EU) to finance ongoing major infrastructure and other public projects. In 2016, such funds stalled, and many projects in the region were put on hold. Indeed, there was a halt in investment spending across much of Europe, as the 2014-2020 funding period was delayed significantly, and, generally, the release of funds was delayed until early 2017. The stoppage in public funds had a much wider impact; private construction projects were also delayed, and it weighed on the broader economy over the year.

To download the summary, please complete the request form opposite. Once submitted, you will see an option to ‘Download’.


Related Insights:


Download copy

Finally, complete a quick security check and confirm terms and conditions:

I consent to GlobalData collecting my details provided via this form

GlobalData uses the information in this form to provide you with occasional updates on new products and reports in accordance with your preferences. You are in control of the communications you receive from us and you can update your preferences anytime to make sure you are receiving information that matters to you. Please check our Privacy Policy to see how we protect and manage your submitted data.

GlobalData occasionally shares data, on a secure basis, with other reputable companies who may wish to contact you with information about products and services. If not required please uncheck this box.

Download