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. www.constructionpoland.com
Word from the author:
The global economic crisis has affected the Polish economy, including the construction industry,
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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
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About the report
PMR presents the 18th edition of the complete construction sector in Poland analysis supplemented newest
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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.
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Results of survey conducted among Poland’s largest construction
companies
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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.
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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
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„ 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)
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6. www.constructionpoland.com
If you are looking for:
„ overview and analysis of the construction and assembly sector in Poland
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„ 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!
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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
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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
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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:
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About PMR:
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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.
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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. 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. 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
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Comparative regional analysis and development forecasts for 2009-2012
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