Good prospects for construction firms - November 2005

A survey carried out by PMR for the report entitled “The construction sector in Poland – Development forecasts 2005-2008” indicates that the mood of construction firms is improving. The largest construction firms operating in Poland give a middling assessment of the present situation in the sector, with slightly more positive evaluations than negative. Nonetheless, compared with PMR’s previous survey, conducted in February 2005, a clear improvement is visible. At present 38% of respondents consider the situation in the construction sector to be good, compared with only about a quarter of those responding to the February survey. Forecasts for the future are also positive. Over a half of those surveyed expect an improvement over the next 12 months, with only 9% of respondents fearing that the situation will deteriorate.