Construction in the Czech Republic to 2017

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The Czech construction industry saw a steady decline in activity during the review period, registering a CAGR of -5.65%. The country’s export-oriented manufacturing sector observed a fall in investment following the financial crisis. This, along with a decline in employment and low wage growth, led to a steady fall in domestic economic activity and demand for new construction projects. Supply has been hampered as developers are wary of the economic situation and have postponed new projects until conditions improve.

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Construction in the Czech Republic to 2017

  1. 1. Construction in the Czech Republic - Key Trends and Opportunities to 2017SynopsisThis report provides detailed market analysis, information and insights into the Czech construction market,including:The Czech construction market’s growth prospects by sector, project type and type of constructionactivity Analysis of equipment, material and service costs across each project type within the Czech RepublicCritical insight into the impact of industry trends and issues and the risks and opportunities they present toparticipants in the Czech construction market Assessment of the competitive forces facing the constructionindustry in the Czech Republic and profiles of the leading players Data highlights of the largest constructionprojects in the Czech RepublicExecutive summaryThe Czech construction industry saw a steady decline in activity during the review period, registering aCAGR of -5.65%. The country’s export-oriented manufacturing sector observed a fall in investmentfollowing the financial crisis. This, along with a decline in employment and low wage growth, led to a steadyfall in domestic economic activity and demand for new construction projects. Supply has been hampered asdevelopers are wary of the economic situation and have postponed new projects until conditions improve.The industry is expected to regain momentum over the forecast period, with growth expected at a moderateCAGR of 2.13%. Future growth will be aided by a recovery in business confidence, an increase in the numberof smaller households, government plans to increase nuclear energy use to 50% of total energy consumptionby 2060 and an expected increase in minimum wages, the first since 2007.ScopeThis report provides a comprehensive analysis of the construction industry in the Czech Republic:Historical (2008-2012) and forecast (2013-2017) valuations of the construction market in the CzechRepublic using the construction output and value-add methods Segmentation by sector (commercial,industrial, infrastructure, institutional and residential) and by project type Breakdown of values within eachproject type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) andby type of cost (materials, equipment and services) Analysis of key construction industry issues, includingregulation, cost management, funding and pricing Assessment of the competitive environment usingPorter’s Five Forces Detailed profiles of the leading construction companies in the Czech RepublicReasons to buyIdentify and evaluate market opportunities using our standardized valuation and forecasting methodologiesAssess market growth potential at a micro-level via 600+ time series data forecasts Understand the latestindustry and market trends Formulate and validate business strategies by leveraging our critical and actionableinsight Assess business risks, including cost, regulatory and competitive pressures Evaluate competitive riskand success factorsKey highlightsThe Czech economy contracted by 1.3% in 2012. This was mainly due to weak private consumption, grossfixed capital formation and a sharp drain in inventories. Private consumption declined by 3.6% in 2012, from0.7% growth in 2011, owing to a slowdown in disposable income, labor markets and fiscal austerity measures.Construction in the Czech Republic - Key Trends and Opportunities to 2017
  2. 2. Gross capital formation also contracted by 3.3% in 2012 as investments slowed down due to weak exportmarkets and excess available capacity. The unemployment rate rose marginally from 6.7% in 2011 to 6.8% in2012. Weak economic growth prospects and the government’s fiscal austerity measures are expected tocontinue to negatively impact the unemployment situation in 2013. Unemployment is expected to reach 7.5%in 2013 and increase to 7.9% in 2014. However, it is expected to ease gradually from 2015 as domesticdemand and the external environment improves. The Czech Republic’s construction industrycontinued its weak performance in 2012; construction output declined by 6.5%, while new orders contractedby 18.4%, and the number of building permits fell by 8.8% in 2012, compared to the levels recorded in 2011.The value of the construction industry declined by 20.8% in 2012, compared to the level in 2008. Theindustry is expected to decline further by 0.3% in 2013, due to low confidence among private investors and therestricted potential of the federal budget, as the government imposes specific austerity measures to controlrising public debt. There has been an increase in the number of smaller households in the Czech Republic,owing to an increase in the number of people living without partners, an increase in the number of seniorcitizens, single-parent households, and a decline in the number of marriages. The number of single-personhouseholds grew by over 15% in the 1990s and is estimated to have increased by 10-20% per annum between2001 and 2011. The rise in the number of smaller households is expected to increase demand for housing. TheCzech Republic has plans to increase its usage of nuclear energy from 32% of total energy consumption in2011 to over 50% by 2060. In accordance with the plan, two new nuclear power plants will be constructed,one each at Temelin and Dukovany, and further sites are expected to be identified in the coming years. Theexpansion plan is expected to drive infrastructure construction over the forecast period. The CzechRepublic’s manufacturing sector is reliant on exports as a key source of revenue. The Eurozone crisisand slowdown in major global markets such as China and India resulted in a decline in investment in thesector during the review period, causing the manufacturing plants category to record a CAGR of -5.86%.However, an anticipated recovery in major European countries at the end of 2013 is expected to support themanufacturing sector to rebound and drive the growth of manufacturing plants construction over the forecastperiod to grow at a CAGR of 2.63%.table Of Contents1 Executive Summary2 Market Overview2.1 The Domestic Economy2.2 Key Trends And Issues2.3 Key Construction Indicators2.4 Benchmarking By Market Size And Growth2.5 Price Dynamics2.5.1 Salaries2.5.2 Equipment2.5.3 Materials2.5.4 EnergyConstruction in the Czech Republic - Key Trends and Opportunities to 2017
  3. 3. 2.6 Porters Five Forces Analysis2.6.1 Bargaining Power Of Suppliers – High2.6.2 Bargaining Power Of Buyers – Low2.6.3 Barriers To Entry – High2.6.4 Intensity Of Rivalry – High2.6.5 Threat Of Substitution – Low2.7 Demographic Profile3 Commercial Construction3.1 Performance Outlook3.2 Key Drivers And Issues3.3 Data And Projects Highlights4 Industrial Construction4.1 Performance Outlook4.2 Key Drivers And Issues4.3 Data And Project Highlights5 Infrastructure Construction5.1 Performance Outlook5.2 Key Drivers And Issues5.3 Data And Project Highlights6 Institutional Construction6.1 Performance Outlook6.2 Key Drivers And Issues6.3 Data And Projects Highlights7 Residential Construction7.1 Performance Outlook7.2 Key Drivers And Issues7.3 Data And Projects Highlights8 Company Profile: Metrostav A.s. Development Public Co., Ltd8.1 Metrostav A.s. Development Public Co., Ltd – Company Overview8.2 Metrostav A.s. Development Public Co., Ltd – Main Services8.3 Metrostav A.s. Development Public Co., Ltd – Company InformationConstruction in the Czech Republic - Key Trends and Opportunities to 2017
  4. 4. 8.3.1 Metrostav A.s. Development Public Co., Ltd – Key Competitors8.3.2 Metrostav A.s. Development Public Co., Ltd – Key Employees9 Company Profile: Eurovia, A.s.9.1 Eurovia, A.s. – Company Overview9.2 Eurovia, A.s. – Main Services9.3 Eurovia, A.s. – Company Information9.3.1 Eurovia, A.s. – Key Competitors9.3.2 Eurovia, A.s. – Key Employees10 Company Profile: Ohl Žs, A.s.10.1 Ohl Žs, A.s. – Company Overview10.2 Ohl Žs, A.s. – Business Description10.3 Ohl Žs, A.s. – Main Services10.4 Ohl Žs, A.s. – Company Information10.4.1 Ohl Žs, A.s. – Key Competitors10.4.2 Ohl Žs, A.s. – Key Employees11 Company Profile: KoÄŒÍ A.s.11.1 KoÄ•í A.s. – Company Overview11.2 KoÄŒÍ A.s. – Main Services11.3 KoÄŒÍ A.s. – Company Information11.3.1 KoÄŒÍ A.s. – Key Competitors11.3.2 KoÄŒÍ A.s. – Key Employees12 Company Profile: Boreta, Spol. S R.o.12.1 Boreta, Spol. S R.o. – Company Overview12.2 Boreta, Spol. S R.o. – Main Services12.3 Boreta, Spol. S R.o. – Company Information12.3.1 Boreta, Spol. S R.o. – Key Competitors12.3.2 Boreta, Spol. S R.o. – Key Employees13 Market Data Analysis13.1 Construction Output And Value Add13.1.1 Construction Output By Project Type13.1.2 Construction Output By Cost Type13.1.3 Construction Output By Activity Type13.1.4 Construction Value Add By Project TypeConstruction in the Czech Republic - Key Trends and Opportunities to 2017
  5. 5. 13.2 Commercial Construction13.2.1 Commercial Construction Output By Project Type13.2.2 Commercial Construction Output By Cost Type13.2.3 Commercial Construction Output By Activity Type13.2.4 Commercial Construction Value Add By Project Type13.3 Industrial Construction13.3.1 Industrial Construction Output By Project Type13.3.2 Industrial Construction Output By Cost Type13.3.3 Industrial Construction Output By Activity Type13.3.4 Industrial Construction Value Add By Project Type13.4 Infrastructure Construction13.4.1 Infrastructure Construction Output By Project Type13.4.2 Infrastructure Construction Output By Cost Type13.4.3 Infrastructure Construction Output By Activity Type13.4.4 Infrastructure Construction Value Add By Project Type13.5 Institutional Construction13.5.1 Institutional Construction Output By Project Type13.5.2 Institutional Construction Output By Cost Type13.5.3 Institutional Construction Output By Activity Type13.5.4 Institutional Construction Value Add By Project Type13.6 Residential Construction13.6.1 Residential Construction Output By Project Type13.6.2 Residential Construction Output By Cost Type13.6.3 Residential Construction Output By Activity Type13.6.4 Residential Construction Value Add By Project Type14 Appendix14.1 What Is This Report About?14.2 Definitions14.3 Summary Methodology14.4 Methodology14.5 Contact Timetric14.6 About Timetric14.7 Timetric’s Services14.7.1 Core Capabilities Include:14.8 DisclaimerResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market researchreports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with ourhuge collection of market research reports. We provide our services to all sizes of organizations and across allindustry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well aspublishers and will assist you in making an informed decision by giving you unbiased and deep insights onConstruction in the Czech Republic - Key Trends and Opportunities to 2017
  6. 6. which reports will satisfy your needs at the best price.Contact:M/s Sheela,90 State Street,Suite 700,Albany NY - 12207United StatesTel: +1-518-618-1030USA - Canada Toll Free 866-997-4948Email: sales@researchmoz.usWebsite: http://www.researchmoz.us/Construction in the Czech Republic - Key Trends and Opportunities to 2017

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