SPS expects 4 to 5 % increase in construction in 2019

7. 3. 2019

Revenues of construction companies in the Czech Republic in the year 2018 increased by 8.4 % in fixed prices to CZK 500bn year on year.

(ČIA) Revenues of construction companies in the Czech Republic in the year 2018 increased by 8.4 % in fixed prices to CZK 500bn year on year. The data are based on preliminary data of the Czech Statistical Office, which have been published by the Association of Building Entrepreneurs of the Czech Republic (SPS). The volume of public orders has increased by 42 %. Construction of 19 structure with a value above CZK 1bn began. The volume of called tenders has increased by 35 %, out of which the segment of transport infrastructure has increased by 28 %. SPS spokesperson Alena Čechová further said to ČIANEWS that the association expects an increase in construction by 4–5 % in the year 2019.