Poland is coming off the biggest construction boom in its thousand-year history and it does have a lot of roads to show for the effort – but there is one stark gap: Poland has not managed to produce any significant construction companies.
The picture is dire. The construction sector’s share of the economy is plunging – down by 14 per cent as a share of value added to the economy since 2011; employment is flat and likely to fall; industry sentiment is gloomy; and the construction sector’s returns on the Warsaw Stock Exchange have plunged.
http://blogs.ft.com/beyond-brics/2013/03/12/poland-lots-of-construction-but-where-are-the-companies/#axzz2ToLxmARk
The picture is dire. The construction sector’s share of the economy is plunging – down by 14 per cent as a share of value added to the economy since 2011; employment is flat and likely to fall; industry sentiment is gloomy; and the construction sector’s returns on the Warsaw Stock Exchange have plunged.
http://blogs.ft.com/beyond-brics/2013/03/12/poland-lots-of-construction-but-where-are-the-companies/#axzz2ToLxmARk
