Polish Construction Industry Well on Track to Recovery.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c44977) has announced the addition of Polish Construction Sector Report to their offering. Polish Construction Sector Report offers an extensive summary of the Polish construction market. Includes a complete coverage of the latest developments as well as the latest corporate news accompanied by statistical data. This sector report is ideal to keep you abreast on recent company and industry news. Written by local analysts, it is a unique market and business intelligence analysis, tailored to save time by providing reliable information, while helping you to make confident and informed business decisions. The report covers the period Nov-Mar 2005. It seems that despite unfavourable legal environment, the Polish construction and assembly sector is well on track to recovery. Sold output of the sector grew 7.4% y/y in 2005, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Central Statistical Office (GUS GUS Gemeinschaft Unabhängiger Staaten (German: CIS) GUS Gravis Ultrasound GUS Great Universal Stores GUS Grown Up Soda GUS Giornalisti Uffici Stampa (Italian) GUS Guide to the Use of Standards ), after falling 0.9% in 2004 and 5.9% in 2003. The housing sector has been supported by the mortgage boom and the implementation of the law on VAT disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money. 2. and is expected to receive additional boost from the law on the social construction. Not only has the housing sector expanded. Poland has become an important logistic and warehouse centre in Europe. 2005 saw growth of 47% in the stock of modern warehouse space, with over 10% growth in Q4 alone, according to Colliers International. At the same time, rising economy and growing attractiveness of Poland to foreign investors supports the industrial construction while improving conditions of Polish households drive the commercial construction. All in all, analysts expect that the sector's output should rise 13% annually in the next few years. * Construction output grows 7.4% y/y in 2005 but faces seasonal slump in JanFeb 2006 * Gross value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. in construction rises 6.5% in 2005, GUS preliminary data show * Number of building permits rises 7.4% y/y in 2005 * Recovery might be hampered by labour force deficit * Construction companies report improving results * Number of housing units grows 5.8%y/y in 2005 * FinMin comes to agreement with EU on lowered VAT rates on "social housing" * Ruling PiS withdraws from preelections pledge to build 3mn houses in 8 years * Sejm starts work on bill for financial support for home buyers * 486.3 km of roads to be completed in 2006 * Investment in commercial, office and warehouse space to rise sharply * Construction catastrophe kills 66 people * Road authority announces EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 300mn tender * BudimexDromex wins tender for A4 section's construction, but competitors protest * EUR 230.7mn to be invested in roads in Mazowsze * PBG PBG abbr. porphobilinogen acquires 65.9% in Hydrobudowa Slask, calls for more shares, eyes other acquisition targets * Elektrobudowa expects higher profit and dividend for 2006 * EUR 769mn contract for construction of 2nd line of underground expected in Warsaw * Invest Komfort launches construction of tallest residential building in Poland * Deadline for completion of 2 terminal at Chopin airport in Warsaw delayed, Budimex books financial loses * Hochtief Polska to cooperate with DCT (Discrete Cosine Transform) An algorithm that is widely used for data compression. Similar to Fast Fourier Transform, DCT converts data (pixels, waveforms, etc.) into sets of frequencies. The first frequencies in the set are the most meaningful; the latter, the least. on building EUR 190mn deepsea container terminal in Gdansk * Krakow to spend PLN PLN In currencies, this is the abbreviation for the Polish Zloty. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 860mn on roads in 2006 Companies Mentioned: BudimexDromex Gdansk Transport Company (GTC GTC See: Good 'til cancelled order GTC See good-till-canceled order (GTC). ), PBG, PMS (Pantone Matching System) A color matching system that has a unique number assigned to more than 500 different colors and shades. This standard for the printing industry has been built into many graphics and desktop publishing programs to ensure color accuracy. Polnord, Naftobudowa Concordia Espirito Santo Investment (CESI CESI Centro Elettrotecnico Sperimentale Italiano (Italy) CESI Chauffe-Eau Solaire Individuel CESI Centre d'Etudes Superieures Industrielles (French) CESI Canadian Educational Standards Institute ), Ferrovial, Mitex Elektrobudowa PolimexMostostal Siedlce Warbud Invest Komfort Budimex Mostostal Zabrze Mostostal Warszawa Mostostal Invest PERN EnergomontazPolnoc Resbud Rafako Energomontaz Poludnie Hochtief Polska Skanska Kajima LG Philips Overview Housing Construction Infrastructural and industry construction Commercial, office and warehouse construction Company and sector news Appendix For more information visit http://www.researchandmarkets.com/reports/c44977. |
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