This report comprises a sophisticated analysis of the construction industry in Poland, making it a useful guide in formulating strategic decisions and development plans for organisations active on the construction market. Additionally, it presents the newest findings of PMR’s cyclical sector climate survey conducted among the management of the largest construction companies in Poland.
This report analyses also the development and the potential of the construction industry of every Polish voivodship. It identifies regions with the most developed construction markets as well as those with the best prospects for development in the upcoming future.
Benefit from sector development forecasts for 2008-2011, presented by the individual types of construction work for the whole country and for individual voivodships, prepared using time series analysis augmented by macroeconomic projections and knowledge of our experts.
Results of survey conducted among Poland’s largest construction companies For this report, PMR Research – PMR’s custom research unit (www.research-pmr.com) – surveyed Poland’s largest construction companies in September 2008. The survey was conducted among 130 largest construction companies active on the Polish market, using the computer-assisted telephone interview (CATI) technique. This was the ninth cyclical survey of the sector (findings of previous surveys – carried out in July 2004 to March 2008 – were published in previous report editions).
As earlier, the objective of the survey was to gather information on the current situation on the Polish construction market and on the development prospects before the industry and its individual segments. PMR also questioned respondents about factors, both positive and negative, with a bearing on the industry and garnered expert views on the impact of EU membership on sector companies and on the key factors material to success on the construction market. The latest edition of the survey includes an overview of trends and changes that have taken shape over the past three years, as illustrated by the findings of subsequent survey editions.
This is a must have report for anyone from:
-the top management of construction companies active on the Polish market -the strategic planners and executives of firms considering market entry -companies engaged in construction and those in production and distribution of building materials -architectural and consultancy firms interested in this market.
The report is an invaluable source of information for any company wanting to launch operations or to fortify its position on one of the local construction markets of Poland.
Table of contents:
Methodology
Executive summary
Current situation in the Polish construction market
The size of the construction market
Construction and assembly output
Development forecast for construction and assembly output in 2008-2011
Construction firms – number and type
Employment and wages in construction companies
Construction prices and the financial standing of construction companies
The economic climate in the construction industry
Legislative changes material to the construction market
Building permits – the number of buildings
Results of the survey conducted among the 200 largest Polish construction firms
Introduction
Assessment of the current situation of the Polish construction market
Expectations of Polish construction companies related to investments concerning Euro 2012
Overview and market standing of the largest Polish construction firms
Current and planned foreign operations of Polish construction companies
Civil engineering construction
Situation in the civil engineering construction market
Environmental protection projects
Road transport
Expressways and motorways
Railway transport
Air transport
Investments in heavy industry
Power industry
Refining and chemical sector
Steelworks
Mining sector
Development forecast for civil engineering construction in 2008-2011
Non-residential construction
Situation in the non-residential construction market
Industrial and warehouse construction
Commercial and services construction
Office construction
Hotel construction
Educational and healthcare construction
Development forecast for non-residential construction in 2008-2011
Residential construction
Housing stock
Buildings and dwellings completed
Individual investors
Developers
Housing cooperatives
Not-for-profit building associations (TBS)
Other investors
Construction permits and housing starts
Housing loans
Housing prices
Development forecast for residential construction in 2008-2011
Characteristics of voivodships
GDP, capital expenditure and population
GDP by voivodship
Capital expenditure
Area and population of Polish voivodships
Demographic forecasts
Construction and assembly output
Construction and assembly output per capita, by voivodship
Construction and assembly output per construction firm employee by voivodship
Forecast for construction and assembly output in 2008-2011
Civil engineering construction
Road network in Poland
Rail network in Poland
Development forecast for civil engineering construction in 2008-2011
Non-residential construction
Development forecast for non-residential construction in 2008-2011
Residential construction
Housing stock
Home completions
Construction permits and forecast number of home completions in 2008-2011
Development forecast for residential construction in 2008-2011
Profiles of voivodship
Characteristics of voivodships
Profiles of the largest construction companies
Polimex-Mostostal S.A.
Skanska S.A.
Budimex S.A.
Strabag Sp. z o.o.
Mostostal Warszawa S.A.
Warbud S.A.
Bilfinger Berger Polska S.A.
PBG S.A.
Kopex S.A.
Hochtief Polska Sp. z o.o.
P.R.I. Pol-Aqua S.A.
Mostostal Zabrze-Holding S.A.
Elektrobudowa S.A.
Erbud S.A.
Eiffage Budownictwo Mitex S.A.
List of graphs
List of tables
About PMR
Contact PMR
List of graphs and Tables:
List of graphs
Forecast growth in construction and assembly output in Poland, by type construction (nominal change), 2007-2011
Construction and assembly output in Poland, by voivodship, 2007
Construction and assembly output in Poland (by voivodship), average annual growth rate, 2008-2011
Size and y-o-y growth of the construction market in Poland (PLN bn and %), 2000-2008
Nominal changes in construction and assembly output in Poland (%, y-o-y), January 2007-August 2008
Annual changes in construction and assembly output in Poland (%), 2000-H1 2008
Changes in construction and assembly output in Poland by type of construction work (%), 2001-H1 2008
Construction and assembly output in Poland by type of business, H1 2008
Building construction and civil engineering in Poland, market size in PLN bn and y-o-y growth in %, 2000-H1 2008
Building installation work in Poland, market size in PLN bn and y-o-y growth in %, 2000-H1 2008
Construction and assembly output in Poland, by type of building, 2007
Quarterly growth in GDP and gross value added in the construction industry in Poland (%), 2006-H1 2008
Real GDP growth in Poland (%), 2002-H1 2008
Capital expenditure by companies on buildings and structures in Poland, 2000-H1 2008
Cement production in Poland, (million tonnes), 2000-2008
Total construction and assembly output in Poland, 2000-2011
Construction companies in Poland, by number of employees, at end of June 2008
The number of new construction companies with less than nine employees, H1 2004-H1 2008
Growth in revenues and earnings of construction firms in Poland, H1 2003-H1 2008
Employment in the construction sector in Poland (’000), 2000-H1 2008
Average gross monthly wage in the construction industry in Poland (PLN) and its changes (%), 2001 – January-August 2008
Inflation rate and prices in construction and industry in Poland, January 2000-August 2008
Net sales margin in industry and construction in Poland (%),2000-H1 2008
Cost to revenue ratio in industry and construction in Poland (% of revenues), 2000-H1 2008
Indicator of overall economic climate in the construction sector in Poland, 2005-September 2008
Climate survey – construction and assembly output indicator in Poland, 2002-September 2008
The number of buildings for which building permits were issued in Poland (‘000), 2000-H1 2008
Assessment of the current situation in the Polish construction industry
How will the Polish construction market’s situation change in the next 12 months? Will it improve, get worse or remain unchanged?
Percentage of respondents forecasting growth of wages and employment in the construction industry, July 2004-September 2008
What is the main reason of the downturn in the construction market?
How do you expect the value of the indicator to change in 2008 relative to 2007?
Percentage of respondents forecasting growth of wages and employment in the construction industry, July 2004-September 2008
Which segments of the construction market will be the most attractive to Polish companies in the next two years?
How do delays in the implementation of large infrastructure projects influence the operations of your company?
Obstacles to doing business in the construction market
Which of the recently introduced or planned changes to legal regulations contributed to improvement in the construction sector in Poland?
What are the key factors to market success in the construction industry in Poland?
Is your company participating in projects co-financed by the EU?
Percentage of surveyed firms participating in investments co-financed by the EU, July 2004-September 2008
Does your company hope to execute projects related to the preparation for Euro 2012?
What part of the scheduled investment plan for Euro 2012 will be attained?
Is your company afraid of competition from Chinese building companies?
Surveyed companies by core business area
Revenue posted by surveyed firms in 2007
Is your company planning to increase or decrease its workforce in the next 12 months?
Does your company employ workers from the eastern countries?
Is your company planning to expand its production capacities in the next 12 months otherwise than by increasing its workforce?
How is your company planning to expand its production capacities in the next 12 months (otherwise than by increasing its workforce)?
How do you assess the current financial standing of your company?
How do you assess your firm’s financial standing this year relative to a year ago?
How do you expect your firm to stand financially at the end of 2
relative to the end of 2007?
How do you assess your firm’s order portfolio?
How has your firm’s order portfolio changed in the past year?
What do you expect to happen to your firm’s order portfolio in the next 12 months?
Percentage of companies completing projects or selling products and services abroad (based on responses provided in 2004-2008)
In which country is your company executing projects or selling services?
Does your company plan to launch new projects or sell products or services outside of Poland?
Contribution of civil engineering projects to total construction and assembly in Poland, 2003-2008
Civil engineering projects in Poland by type of building, 2007
Allocation of funds under the Infrastructure and Environment Operational Programme in Poland (€ bn and %), 2007-2013
Construction and assembly output comprising civil engineering buildings in Poland (PLN bn), 2000-H1 2008
Construction and assembly output comprising roads and motorways in Poland (PLN bn), 2000-H1 2008
Construction and assembly output comprising bridges, viaducts, flyovers, tunnels, subways and pedestrian bridges in Poland (PLN m), 2000-H1 2008
Condition of national roads in Poland as at the end of the year, 2004-2007
The length of motorways in Poland, eop (km), 2000-2011
The average construction cost per kilometre of motorway in selected European countries (€ m), 2008
Construction and assembly output comprising railways in Poland (PLN m), 2000-H1 2008
Railways network in Poland, 2008
Railway investments in Poland (€ bn), 2008-2012
Poland’s regions by access to airport infrastructure, 2008
Existing and planned civil airports in Poland, 2008
Forecasted total cost of construction works at Polish airports (PLN m), 2008-2013
Construction and assembly output comprising civil engineering construction in Poland (nominal changes in %), 2000-2011
Non-residential construction and assembly output in Poland (PLN bn), 2000-H1 2008
Contribution of residential construction to total construction and assembly output in Poland (%), 2003-2008
Non-residential construction and assembly output in Poland, by type of building, 2007
The number and floor area of non-residential buildings for which construction permits were issued in Poland, 2000-H1 2008
Industrial and warehouse construction and assembly output in Poland (PLN bn), 2000-H1 2008
The number and floor area of industrial and warehouse buildings for which construction permits were issued in Poland, 2000-H1 2008
Warehouse space in Poland (‘000 m2), 2008
Construction and assembly output comprising commercial and services buildings in Poland (PLN bn), 2000-H1 2008
The number and floor area of commercial and services buildings for which construction permits were issued in Poland, 2000-H1 2008
Floor space (m2) and share (as percentage of total commercial space) of individual types of modern commercial space in Poland, 2007
The shares of cities in the area of planned development of shopping centres in Poland (%), H2 2008-2011
The number of hypermarkets in Poland, 1997-2008
Market shares of building materials stores in Poland, H1 2008
Office construction and assembly output in Poland (PLN bn), 2000-H1 2008
The number and floor area of office buildings for which construction permits were issued in Poland, 2000-H1 2008
Existing and planned office building projects in regional cities in Poland (m2), 2008
Construction and assembly output comprising hotels and tourist accommodation buildings in Poland (PLN m), 2002-H1 2008
The number and floor area of hotels and tourist accommodation buildings in Poland for which construction permits were issued, 2000-H1 2008
Construction and assembly output comprising cultural, educational, sports, healthcare buildings and hospitals (PLN bn), 2000-H1 2008
The number and floor area of cultural, educational, sports, healthcare buildings and hospitals for which construction permits were issued in Poland, 2000-H1 2008
Non-residential construction and assembly output in Poland, 2000-2011
Contribution of residential construction to total construction and assembly output in Poland (%), 2003-2008
Residential construction and assembly output in Poland (PLN bn), 2000-H1 2008
Residential construction and assembly output in Poland by type of building, 2007
Structure of the primary housing market in Poland, by type of investor, H1 2008
The number of housing starts and homes for which building permits were issued in Poland (‘000), 2000-H1 2008
The number (‘000) and value (PLN bn) of mortgage loans in Poland, 2004-2008
Structure of price of housing per one square metre in Warsaw, 2004-2007
Residential construction and assembly output in Poland, 2000-2011
Dwellings completed in Poland – number (‘000) and growth rate (%), 2006-2011
GDP per capita in Poland by voivodship (the average for Poland=100%), 2007
Annual changes in construction and assembly output in Poland, 2002-H1 2008
Sales of construction and assembly output per capita in Poland (PLN), 2007
Sales of construction and assembly output per construction employee in Poland, (PLN ‘000), 2007
Construction and assembly output in Poland – civil engineering and road construction projects, by voivodship (PLN m), 2007
Hard-surface roads per 100 km2 of total area in Poland (road density) by voivodship, 2007
Assessment of national road surface condition in Poland by voivodship, 2008
Percentage of Polish national roads, which need immediate repair (%), 2006-2007
Length and density of rail network in Poland by voivodship, 2007
Construction and assembly output in Poland – non-residential construction by voivodship (PLN m), 2006-2007
Number of non-residential buildings for which construction permits were issued in Poland, by voivodship, 2006-2007
Number of existing homes in Poland per 1,000 inhabitants, 2007
Home completions in Poland by voivodship, 2007-H1 2008
Home completions per thousand population in Poland, 2007
The number of new dwellings for which construction permits were issued by voivodship, 2007-H1 2008
The number of residential buildings for which construction permits were issued in Poland by voivodship, 2007-H1 2008
The number of home completions in Poland, by voivodship, 2007-H1 2008
Construction and assembly output in Poland – residential construction by voivodship, (PLN m), 2007
Building permits and home starts in Poland by voivodship (‘000), H1 2008
List of tables
Construction and assembly output in Poland by voivodship (PLN m), 2007-2011
Main indicators illustrating the condition of the Polish construction industry, 2001-2008
Breakdown of construction and assembly output in Poland, by type of building, 2005-H1 2008
Forecasts for the main economic indicators in Poland, 2008-2010
Investment projects related to the organisation of Euro 2012 in Poland (PLN m), 2008-2012
The number of construction firms in Poland, June 2002-June 2008
Financial highlights of the largest construction groups in Poland, 2007-H1 2008
Financial highlights of construction companies in Poland (PLN m), H1 2002-H1 2008
Change in prices of building materials and employment in construction companies in Poland in 2008 relative to 2007, based on assessments provided by the respondents to our survey
Funds for construction of national roads in Poland (PLN bn), 2008-2012
Planned network of motorways in Poland
Planned network of expressways in Poland
Road construction tenders in Poland, 2008
A1 motorway construction progress
A2 motorway construction progress
A4 motorway construction progress
The largest tenders concerning railway projects in Poland, 2008
EU funds provided under the Infrastructure and Environment Operational Programme to finance execution of key investment projects at Polish airports, 2007-2013
Air transport projects in Poland provided for in the Regional Operational Programmes, by voivodship, 2007-2013
Non-residential buildings completed in Poland in 2005-2007, by type of building
The largest planned and completed shopping centres in Poland, H2 2008-2011
The number of hypermarkets in Poland, 2007-2008
Foreign supermarket chains in Poland, 2007-2008
Discount store chains in Poland, 2007
Housing stock in Poland, as at June-end 2008
The average useable floor area of homes completed in Poland (m2), 2000-H1 2008
Housing completions in Poland by type, 1996-H1 2008
Change in housing completions in Poland, 1998-H1 2008
Homes for which building permits were issued in Poland, 2007 and H1 2008
Housing starts in Poland, 2007 and H1 2008
Voivodships’ shares in Polish GDP (%), 1998-2011
Capital expenditure in Poland by voivodship, 2007-2008
Forecast for capital expenditure growth in Poland (PLN m), 2007-2011
Area and population of Poland by voivodship, 2007
Population forecast for Poland by voivodship (in ‘000), 2007-2
(as of 31 December)
Forecast for construction and assembly output in Poland (%), 2008-2011
Construction and assembly output in Poland by voivodship (PLN m), 2007-2011
Motorways network in Poland as planned for 2013
Construction and assembly output – civil engineering construction in Poland, by voivodship (PLN m), 2007-2011
Forecast for construction and assembly output – non-residential construction in Poland by voivodship (PLN m), 2007-2011
Housing stock in Poland by voivodship, 2007
Number of home completions in Poland, 2007-2011
Construction and assembly output – residential construction in Poland by voivodship (PLN m), 2007-2011
Population of Poland by voivodship, 2004-2007
Number of construction firms in Poland by voivodship, end of June 2008
Output of construction firms in Poland by voivodship (PLN m and € m) 2005-H1 2008
Construction and assembly output in Poland, by voivodship (PLN m and € m), 2005-H1 2008
Construction and assembly output in Poland, investment works, by voivodship (PLN m and € m), 2005-2007
Construction and assembly output in Poland, renovation works, by voivodship (PLN m and € m), 2005-2007
Number of residential buildings for which construction permits were issued in Poland, by voivodship, 2004-H1 2008
Number of non-residential buildings for which construction permits were issued in Poland, by voivodship, 2004-H1 2008
Characteristics of voivodships 171-
Key financial data on the Polimex-Mostostal Group, 2005-H1 2008
Key financial data on the Skanska Group, 2005-H1 2008
Key financial data on the Budimex Group, 2005-H1 2008
Key financial data on Strabag Sp z o.o., 2005-H1 2008
Key financial data on the Mostostal Warszawa Group, 2005-H1 2008
Key financial data on the Warbud Group, 2005-H1 2008
Key financial data on the PBG Group, 2005-H1 2008
Key financial data on the Kopex Group, 2005-H1 2008
Key financial data on the Hochtief Polska Group, 2005-H1 2008
Key financial data on the P.R.I. Pol-Aqua Group, 2005-H1 2008
Key financial data on the Mostostal Zabrze Group, 2005-H1 2008
Key financial data on the Elektrobudowa Group, 2005-H1 2008
Key financial data on Erbud Group, 2005-H1 2008
Key financial data on the Eiffage Budownictwo Mitex Group, 2005-H1 2008
Request for more information
:
In order to receive more detailed information of Construction sector in Poland, H2 2008 Comparative regional analysis and development forecasts for 2008-2011, please fill in the form below.
None of this information will be disclosed to third parties.
To be assured that we take your privacy seriously, please read our privacy policy.
Please fill out all the fields.
Download white paper:
Construction will slow down a bit in Poland - November 2008
Despite turmoil on financial markets, outlook for the construction industry in Poland remains positive. While it is true that construction firms are more critical in their assessment of the conditions prevailing in the market than they have been to date, their attitude is largely due to delays in large civil engineering tenders, not to the financial crisis. Based on positive views of order portfolios and of the future financial standing of the companies, it is forecast that a correction in construction will be manifested only by lower rates of growth.
To receive a full version of this FREE article, please fill in the form below. The article (in a PDF file ) will be sent to your e-mail address.
None of this information will be disclosed to third parties.
To be assured that we take your privacy seriously, please read our
privacy policy.
Please fill out all the fields correctly.
Information will only be provided if forms are adequately completed.
Polish version also available!
) will be sent to your e-mail address. 
