Poland's infrastructure expenditure drops

Europe’s road building contractors are likely to see a drop in activity levels in Poland in coming years. This is likely to spark concern in the industry as Poland has been a major source of revenue in recent years due to the expansion of its road network. The country’s expenditure on road building may well shrink in the next EU budget. Poland’s Infrastructure Ministry GDDKiA has said that the pace of road building in the country will drop considerably after 2013. GDDKiA said that it had no information as y
May 8, 2012 Read time: 2 mins
Europe’s road building contractors are likely to see a drop in activity levels in Poland in coming years. This is likely to spark concern in the industry as Poland has been a major source of revenue in recent years due to the expansion of its road network.

The country’s expenditure on road building may well shrink in the next EU budget. Poland’s Infrastructure Ministry 1361 GDDKiA has said that the pace of road building in the country will drop considerably after 2013. GDDKiA said that it had no information as yet about how much Poland would get for road building in the new EU budget, but an initial list had been drawn up with priority investments and these were worth over €14.81 billion. By the end of 2011 GDDKiA)is to receive a sum of €4.33 billion from the 2465 European Commission (EC) to be used for road transport investments. Some 90% of the subsidies have already been granted by the GDDKiA to the contractors.

For more information on companies in this article

Related Content

  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
    Read More
  • VDMA reports steady German equipment sector
    February 14, 2013
    Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte
    Read More
  • Europe’s contractor’s association, the FIEC, is calling for infrastructure investment
    March 14, 2013
    The European Federation of construction contractors (FIEC) is pressing Europe’s members of parliament to vote for infrastructure investment. The European Parliament is to decide on the Multi-annual Financial Framework, which forms part of the EU’s Multi-Annual Financial Framework and the FIEC is insisting that infrastructure investment will provide much-needed jobs and help kick-start economic activity. FIEC president Thomas Schleicher said, “Clearly, the realisation of infrastructure projects, saving energ
    Read More

Highlighted Content