Leaflet B Construction Sector In Poland H2 2009

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Leaflet B Construction Sector In Poland H2 2009

  1. 1. 18 th edition ! Construction sector in Poland, H2 2009 Comparative regional analysis and development forecasts for 2009-2012 Publication date: October 2009 Languages: English, Polish
  2. 2. www.constructionpoland.com Word from the author: The global economic crisis has affected the Polish economy, including the construction industry, quick links to a much lesser extent than other CEE countries. Even though the first half of the year was very difficult, the construction and assembly output grew and is expected to go up even more sharply in H2 2009. Civil engineering will continue as the main driving force for the construction industry in Poland, mainly thanks to execution of EU-funded projects and preparations to Euro 2012. We will see the progress of large transport and environmental projects, as well as numerous works in the power sector and at large sports facilities. Deflation in the construction sector is the reason why contractors record higher than average margins on contracts signed in 2007 and 2008, when the prices reached their highest level. Therefore, the financial standing of large construction companies is not likely to worsen over the next months. However, in 2011 and 2012 execution of contracts awarded at a time when the prices were very low may pose a problem, because the forecast recovery of the building construction sector and intensified work on engineering projects will finally boost prices. Bartlomiej Sosna, Senior Construction Market Analyst See the table of contents See the list of graphs and tables 2 Contact us for more information See other reports See how to order
  3. 3. www.constructionpoland.com About the report PMR presents the 18th edition of the complete construction sector in Poland analysis supplemented newest quick links findings of PMR’s cyclical sector climate survey conducted in September 2009 among the management of the 250 largest construction companies in Poland. Construction sector in Poland, H2 2009 is a source of unique data and analysis of the market with consideration of global crisis influence. 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 2009-2012, 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. See the table of contents See the list of graphs and tables Contact us for more information See other reports See how to order 3
  4. 4. www.constructionpoland.com Results of survey conducted among Poland’s largest construction companies quick links For this report, PMR Research – PMR’s custom research unit – surveyed Poland’s largest construction companies in September 2009. The survey was conducted among 250 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 2009 – 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. See the table of contents See the list of graphs and tables 4 Contact us for more information See other reports See how to order
  5. 5. www.constructionpoland.com The 18th edition of the report Construction sector in Poland, H2 2009 comprises unique data in comparison to previous editions. There are new graphs and tables appearing: „ Total construction and assembly output in Poland comprising sport and recreations constructions, 2000-2012 quick links „ Stadium construction projects in Poland (under construction and planned), 2009-2012 „ Building permits and projects completed in Poland, number of buildings, 2005 – H1 2009 (data available for categories: non-residential construction total, industrial and warehouses construction, commercial and services buildings, offices, hotels and tourist accommodation buildings, cultural, educational, sports, healthcare buildings and hospitals) „ Building permits and projects completed in Poland, the floor area of buildings, 2005 – H1 2009 (data available for categories: non-residential construction total, industrial and warehouses construction, commercial and services buildings, offices, hotels and tourist accommodation buildings, cultural, educational, sports, healthcare buildings and hospitals) „ New questions in PMR research conducted among over 200 sector leaders: What areas of your business were most affected by the construction crisis? What are the signs that there is no recovery in the construction industry? „ Major environmental protection projects in Poland (planned and underway), 2009-2015 „ Building permits in Poland by voivodship (number of buildings and the floor), 2005 – H1 2009 (data available for categories: industrial and warehouses construction, commercial and services buildings, offices, hotels and tourist accommodation buildings, cultural, educational, sports, healthcare buildings and hospitals) „ Projects completed in Poland by voivodship (number of buildings and the floor), 2005-2008 (data available for categories: industrial and warehouses construction, commercial and services buildings, offices, hotels and tourist accommodation buildings, cultural, educational, sports, healthcare buildings and hospitals) See the table of contents See the list of graphs and tables Contact us for more information See other reports See how to order 5
  6. 6. www.constructionpoland.com If you are looking for: „ overview and analysis of the construction and assembly sector in Poland quick links „ results of the survey conducted among market leaders „ information on civil engineering together with forecast „ non-residential construction sector data and analysis „ up-to-date residential segment overview „ characteristics of individual voivodships „ 13 largest construction companies in Poland profiled .... this is the report for you! See the table of contents See the list of graphs and tables 6 Contact us for more information See other reports See how to order
  7. 7. www.constructionpoland.com Excerpts from the report: Construction sector in Poland, H2 2009 – Comparative regional analysis and development forecasts for 2009-2012 Construction sector in Poland, H2 2009 – Comparative regional analysis and development forecasts for 2009-2012 Construction sector in Poland, H2 2009 – Comparative regional analysis and development forecasts for 2009-2012 quick links Assessment of the Polish construction market Road transport Building permits and projects completed in Poland – hotels and tourist accommodation buildings, the number of buildings, 2000 - H1 2009 situation In 2008, road construction projects represented less than 40% of revenue generated SBP113 As its previous editions, this survey included a series of questions on the current by civil engineering companies; bridges and viaducts contributed an additional 6.2% of total 2,186 revenue in this segment. According to the 2008 data, the civil engineering sector reported 1,939 situation of the Polish construction industry. Respondents were asked for their opinions on 1,897 1,894 1,873 1,853 1,686 output worth PLN 14.8bn (€4.2bn); bridge construction projects added revenue of PLN 2.6bn 1,419 1,551 1,545 both the condition of the sector as a whole as well as on the market standing of their own (€0.7bn). However, in 2008, the segment suffered a significant slowdown; nominal growth in companies. They were also asked to provide their views on current events relevant to the 1,012 1,078 788 871 807 879 957 road construction was less than 9%. 647 687 756 construction market. 310 299 246 313 249 297 316 352 245 The answers provided by the respondents to the question about their view of the construction industry’s situation showed a higher level of confidence compared with our last Construction and assembly output comprising roads and motorways survey of March 2009 – 21% of respondents expressed a positive view (compared with 9% six in Poland (PLN bn), 2000 - H1 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 H1 H1 months earlier and 64% in September 2008), while 40% believed that the situation was quite SBP072 2008 2009 14.8 Building permits (number of buildings) the opposite, while six months ago 46% of respondents shared this view (and a mere 7% of 13.6 Buildings completed (number of buildings) the respondents gave this answer twelve months ago). 38% of all the respondents claimed 11.6 Including: hotels completed (number of buildings) that the construction industry situation in Poland was neither good nor bad (a fall relative 8.3 6.5 7.3 6.1 Source: PMR Publications based on GUS data, 2009 www.pmrpublications.com to March but a rise from September 2008 as the respective shares were 45% and 29%). 5.8 5.4 5.7 The results we obtained indicate steady improvement in the construction market. Compared to the corresponding period of 2008, hotel investors showed diminished activity in Q1-Q2 2009. They acquired permits to build 957 buildings (down by 11%) with 2000 2001 2002 2003 2004 2005 2006 2007 2008 H1 2009 Assessment of the current situation in the Polish construction industry SBP033 a floor area of 426,000 m2 (a 16% decline). In H1 2009, the majority of tourist accommodation building permits were granted, unsurprisingly, to investors in Zachodniopomorskie Source: GUS, 2009 www.pmrpublications.com Rather good 21% Very good (255 buildings), Pomorskie (108) and Malopolskie (84). The first six months of 2009 was a considerably better period for the road and bridge 1% construction segment – road construction output rose by 20.7% to PLN 5.7bn (€1.3bn), with Building permits and projects completed in Poland - hotels and tourist Very bad works related to road engineering structures increasing by 19.5% to PLN 1.1bn (€0.2bn). accommodation buildings, the floor area of buildings, 2004 – H1 2009 5% We expect that the second half of the year will see continued or even better increases. SBP114 Neither good, nor bad 1,017 38% 909 Construction and assembly output comprising bridges, viaducts, flyovers, 650 Rather bad 582 473 tunnels, subways and pedestrian bridges (PLN m), 2000 - H1 2009 539 447 35% 342 344 508 426 SBP073 223 Positive opinion Negative opinion 2,634 413 351 Based on responses of 130 respondents. 2,184 278 296 Source: PMR Research, September 2009 www.pmrpublications.com 184 1,628 1,425 1,377 2004 2005 2006 2007 2008 H1 2008 H1 2009 1,047 1,180 1,067 1,103 1,106 2 Building permits ('000 m ) 2 Buildings completed ('000 m ) 2 Including: hotels completed ('000 m ) 2000 2001 2002 2003 2004 2005 2006 2007 2008 H1 2009 Source: PMR Publications based on GUS data, 2009 www.pmrpublications.com Source: GUS, 2009 www.pmrpublications.com www.pmrpublications.com 11 www.pmrpublications.com www.pmrpublications.com See the table of contents See the list of graphs and tables Contact us for more information See other reports See how to order 7
  8. 8. www.constructionpoland.com PMR MarketInsight Methodology: This report was prepared using PMR MarketInsight methodology developed by PMR which assists in the complex preparation of industry reports. It defines the ways in which data should be collected for such reports and outlines the quick links methods to be used in analysing the information collected in order to obtain a true picture of the market in question. It also contains special procedures to follow in the case of incomplete market. PMR MarketInsight precisely defines report content and structure. Industry reports prepared using PMR MarketInsight are based on information from a variety of available statistical, industry, general and official sources as well as information from PMR’s own database and primary research independently carried out by PMR. The sources we use are individually tailored to each project. Selected PMR clients: See the table of contents See the list of graphs and tables 8 Contact us for more information See other reports See how to order
  9. 9. 090918 About PMR: PMR www.pmrcorporate.com a British-American company providing market information, advice and services to international businesses interested in Central and Eastern European countries as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). PMR Publications www.pmrpublications.com provides reliable market intelligence for business professionals interested in Central and Eastern European countries as well as other emerging markets. Publications by PMR analyse the business climate in the region, in particular in the construction, retail, IT, telecommunications and pharmaceutical sectors. The offer includes both free and paid reports, newsletters, online news services. PMR Research www.research-pmr.com offers a full array of qualitative and quantitative research methodologies, providing services such as customer satisfaction studies, brand awareness and brand image research, distribution and competition studies, segmentation analyses, fieldwork, online surveys and customised analyses of selected branches of the economy. PMR Consulting www.pmrconsulting.com provides a wide range of services, including market entry feasibility studies, sourcing, CI (competitive intelligence), strategic advisory, FDI assistance (MA and greenfield projects), quick consulting as well as any other services and support a company might require to enter a market, find a business partner or gain reliable information. Questions about ordering? Contact our sales department: PMR Ltd. Sp. z o.o., ul. Supniewskiego 9, 31-527 Krakow, Poland tel. /48/ 12 618 90 30 fax /48/ 12 618 90 08 e-mail: moreinfo@pmrcorporate.com www.pmrpublications.com See other reports See how to order
  10. 10. Construction sector in Poland, H2 2009 – Comparative regional analysis and development forecasts for 2009-2012 Assessment of the Polish construction market situation As its previous editions, this survey included a series of questions on the current situation of the Polish construction industry. Respondents were asked for their opinions on both the condition of the sector as a whole as well as on the market standing of their own companies. They were also asked to provide their views on current events relevant to the construction market. The answers provided by the respondents to the question about their view of the construction industry’s situation showed a higher level of confidence compared with our last survey of March 2009 – 21% of respondents expressed a positive view (compared with 9% six months earlier and 64% in September 2008), while 40% believed that the situation was quite the opposite, while six months ago 46% of respondents shared this view (and a mere 7% of the respondents gave this answer twelve months ago). 38% of all the respondents claimed that the construction industry situation in Poland was neither good nor bad (a fall relative to March but a rise from September 2008 as the respective shares were 45% and 29%). The results we obtained indicate steady improvement in the construction market. Assessment of the current situation in the Polish construction industry SBP033 Rather good 21% Very good 1% Very bad 5% Neither good, nor bad 38% Rather bad 35% Positive opinion Negative opinion Based on responses of 130 respondents. Source: PMR Research, September 2009 www.pmrpublications.com www.pmrpublications.com
  11. 11. Construction sector in Poland, H2 2009 – Comparative regional analysis and development forecasts for 2009-2012 Road transport In 2008, road construction projects represented less than 40% of revenue generated by civil engineering companies; bridges and viaducts contributed an additional 6.2% of total revenue in this segment. According to the 2008 data, the civil engineering sector reported output worth PLN 14.8bn (€4.2bn); bridge construction projects added revenue of PLN 2.6bn (€0.7bn). However, in 2008, the segment suffered a significant slowdown; nominal growth in road construction was less than 9%. Construction and assembly output comprising roads and motorways in Poland (PLN bn), 2000 - H1 2009 SBP072 14.8 13.6 11.6 8.3 6.5 7.3 5.8 5.4 6.1 5.7 2000 2001 2002 2003 2004 2005 2006 2007 2008 H1 2009 Source: GUS, 2009 www.pmrpublications.com The first six months of 2009 was a considerably better period for the road and bridge construction segment – road construction output rose by 20.7% to PLN 5.7bn (€1.3bn), with works related to road engineering structures increasing by 19.5% to PLN 1.1bn (€0.2bn). We expect that the second half of the year will see continued or even better increases. Construction and assembly output comprising bridges, viaducts, flyovers, tunnels, subways and pedestrian bridges (PLN m), 2000 - H1 2009 SBP073 2,634 2,184 1,628 1,425 1,377 1,047 1,180 1,067 1,103 1,106 2000 2001 2002 2003 2004 2005 2006 2007 2008 H1 2009 Source: GUS, 2009 www.pmrpublications.com www.pmrpublications.com
  12. 12. Construction sector in Poland, H2 2009 – Comparative regional analysis and development forecasts for 2009-2012 Building permits and projects completed in Poland – hotels and tourist accommodation buildings, the number of buildings, 2000 - H1 2009 SBP113 2,186 1,897 1,894 1,873 1,853 1,939 1,686 1,419 1,551 1,545 1,012 1,078 788 871 807 879 957 647 687 756 310 299 313 249 297 316 352 246 245 2000 2001 2002 2003 2004 2005 2006 2007 2008 H1 H1 2008 2009 Building permits (number of buildings) Buildings completed (number of buildings) Including: hotels completed (number of buildings) Source: PMR Publications based on GUS data, 2009 www.pmrpublications.com Compared to the corresponding period of 2008, hotel investors showed diminished activity in Q1-Q2 2009. They acquired permits to build 957 buildings (down by 11%) with a floor area of 426,000 m2 (a 16% decline). In H1 2009, the majority of tourist accommodation building permits were granted, unsurprisingly, to investors in Zachodniopomorskie (255 buildings), Pomorskie (108) and Malopolskie (84). Building permits and projects completed in Poland - hotels and tourist accommodation buildings, the floor area of buildings, 2004 – H1 2009 SBP114 1,017 909 650 539 582 473 447 342 344 508 426 223 413 351 278 296 184 2004 2005 2006 2007 2008 H1 2008 H1 2009 2 Building permits ('000 m ) 2 Buildings completed ('000 m ) 2 Including: hotels completed ('000 m ) Source: PMR Publications based on GUS data, 2009 www.pmrpublications.com www.pmrpublications.com 11
  13. 13. SUBSCRIPTION CARD TO ORDER RETURN THE FORM TO US VIA FAX ON: /48/ 12 618 90 08 Please send me Construction sector in Poland, H2 2009 Comparative regional analysis and development forecasts for 2009-2012 Publication date: October 2009 Language: English, Polish 1 Language version Single user licence* 5-user licence** Corporate licence*** Global licence**** English or Polish €2500 €3750 €5000 €6250 YOUR LICENCE Both €3500 €5250 €7000 €8750 * By ordering a“single user licence”the client is purchasing the right to use the publication on one computer workstation only. Any copying, distribution or dissemination of the electronicpublication via a computer network (in part or in whole) is strictly prohibited. Delivered by e-mail in PDF format. ** By ordering a “5-user licence” the client is purchasing a licence authorising the copying, distribution and dissemination of the electronic publication via a computer network (in part or inwhole) among a maximum of 5 people within the company indicated on the order form (including all company subsidiaries in a single country location). Delivered by e-mail in PDF format. *** By ordering a “corporate licence” the client is purchasing a licence authorising the unrestricted copying, distribution and dissemination of the electronic publication (in part or in whole) via a computer network solely within the company indicated on the order form (including all company subsidiaries in a single country location). CD delivered by courier. CD version contains PDF version of the report plus an extra file with all the graphs and tables in a copiable format easy to use in your own analyses, presentations, etc. **** By ordering a “global licence” the client is purchasing a licence authorising the unrestricted copying, distribution and dissemination of the electronic publication (in part or in whole) via a computer network solely within the organisation indicated on the order form, regardless of country location. CD delivered by courier. CD version contains PDF version of the report plus an extra file with all the graphs and tables in a copiable format easy to use in your own analyses, presentations, etc. If your contact details are different to the invoicing details, please fax them to us together with the completed order form. Mr Mrs Ms 2 INVOICING DETAILS Last Name First Name Job title Company Country Invoicing address E-mail Tel./Fax Core business EU VAT Number Polish clients will be invoiced in PLN(based on the NBP exchange quoted on the day preceding the invoice date) and need to add 22% VAT. Foreign clients will be invoiced in EUR 3 MONEY TRANSFER TO: CREDIT CARD: PAYMENT FORM PMR Ltd. Sp. z o.o. Diners Club Visa Eurocard / Mastercard American Express For Polish clients: Account to be charged and currency (Credit card charges will be made in PLN at current exchange rates) Raiffeisen Bank Polska S.A. ul. Armii Krajowej 18, 30-150 Krakow Name of card owner Account number: 36 1750 1048 0000 0000 0758 5225 Credit Card No For foreign clients: Raiffeisen Bank S.A. Valid until ul. Armii Krajowej 18, 30-150 Krakow Account number: PL 92 1750 1048 0000 0000 0758 5284 Billing address SWIFT CODE: RCBWPLPW of card Correspondence address 4 E-mail / Tel. to accounting I undertake to contact PMR within seven days should I not receive any of the copies. In sending this form I authorise PMR to invoice me without my signature and to use the company details on the form for processing my subscription (Ustawa o ochronie danych osobowych Dz. U. nr 133/97, poz. 883) Signature: only signed forms can be processed Thank you! We will contact you soon to confirm your order. PMR Ltd. Sp. z o. o., tel. /48/ 12 618 90 00, fax /48/ 12 618 90 08, e-mail: moreinfo@pmrcorporate.com, ul. Supniewskiego 9, 31-527 Krakow, Polska NIP number: 676-20-95-189, destination of region court: Sad Rejonowy dla Krakowa-Srodmiescia w Krakowie XI Wydzial Gospodarczy Krajowego Rejestru Sadowego, KRS number: 0000057694, the amount of company’s nominal capital: one hundred and thirty thousand PLN 281107

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