Polish investment in road building to fall to $6.33bn in 2013

Road construction investment in Poland is expected to fall again in 2013 to US$ 6.33 billion (PLN 20bn), owing to contractual disputes in the sector, according to a study by market research firm PMR. This year’s predicted fall comes after investment plummeted 19% in 2012, the PRM study states. However, the road construction share of total construction activity has increased since Poland became a part of the European Union - reaching a 28% peak in 2011, and a 22% share last year. Last year, bankruptcies of a
March 4, 2013 Read time: 1 min
Road construction investment in Poland is expected to fall again in 2013 to US$ 6.33 billion (PLN 20bn), owing to contractual disputes in the sector, according to a study by market research firm PMR.

This year’s predicted fall comes after investment plummeted 19% in 2012, the PRM study states. However, the road construction share of total construction activity has increased since Poland became a part of the 1116 European Union - reaching a 28% peak in 2011, and a 22% share last year.

Last year, bankruptcies of about 300 companies were recorded. It is estimated that projects valued at about $26.82 billion (PLN 85bn) are currently in the pipeline but not all may reach the implementation stage.

For more information on companies in this article

Related Content

  • Upgrading Poland's roads for UEFA 2012
    May 2, 2012
    Championships in 2012. With plans in place to cohost the UEFA 2012 football championships with the Ukraine, Poland's road infrastructure is undergoing major developments to bring it up to date with the rest of the European Union. And to ensure the completed roads and pavements meet the required quality standards, Cooper Technology of Derby, UK, was awarded a contract to provide asphalt testing equipment to
    Read More
  • Plans in hand for bauma 2016 exhibition, with positive market outlook
    May 18, 2015
    The organisers of the bauma exhibition in Germany predict a positive future for the construction market in 2016. Large increases are expected in the North American market while there are also pPositive trends in the Near and Middle East. Last year North America and Europe were the most dynamic construction machinery markets in the world according to data from the bauma organisers. Some market experts believe that this trend could continue in 2015. This is one of the reasons why the market in construction
    Read More
  • Abertis owed US$1.39bn from Spanish government for AP-7 Catalonia expansion
    March 6, 2013
    The debt owed by the Spanish Government’s Ministry of Works to infrastructure firm, Abertis, for the expansion of the AP-7 road in Catalonia stood at €1.07 billion (US$1.39bn) by the end of 2012 – an increase of 40.7% in just one year. The concession firm, Acesa, which is part of the Abertis group, signed an agreement with the Government in 2006 to add an additional carriageway on certain stretches of the highway, with the toll system also being changed to a payment model on exit instead of central tolls. T
    Read More
  • Liebherr posts €8.963.6bn 2013 turnover amid big production site investment
    June 16, 2014
    The Liebherr Group achieved turnover of €8.963.6 billion in 2013 – down 1.4% (€126.6 million) on 2012. The group said the full business year figure was posted against a backdrop of “moderate” international economic progress, with 2013 also seeing €830 million invested by the group in production facilities and its sales and service network. The Liebherr Group’s global workforce also rose again last year by 4% (1,623) to 39,424. In the construction machinery and mining area, turnover in 2013 reached €5,630
    Read More

Highlighted Content