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The EECFA 2022 Winter Construction Forecast Report has been released on 5 December. Yet another downward revision characterizes the forecast for both regions. Southeast Europe could see shrinkage on the horizon. This, however, comes after a great period of construction in between 2016 and 2021, so the market is foreseen to come down from a peak level. In this respect, the 3% decline until 2024 is no drama, in EECFA’s view. The drama is in East Europe where the peak was reached in 2018 and the market was around 10% below that peak level even before the Ukraine war began. Since then, EECFA has paused issuing forecasts in Ukraine and a status report has been prepared. Without Ukraine, the region is expected to reach its bottom in 2023. 

Autor: Dr. Sebastian Sipos-Gug - Ebuild Srl, EECFA Romania

EECFA’s 2021 Winter Construction Forecast Report was released on 6 December. EECFA (Eastern European Construction Forecasting Association) conducts research on the construction markets of 8 Eastern-European countries.

Valabila de la 1 Noiembrie 2021 pana la 29 Februarie 2024 (2 ani si 4 luni), editia actualizata si extinsa cuprinde peste 30.000 repere, disponibile pentru livrare in ziua primirii comenzii, direct din stoc.

Spectrum Residences, Constanta, Romania. Sursa: