Construction sector in Poland seen up by 3.4% in 2011, and 1.5% in 2012.

By bne IntelliNews April 21, 2011
The Polish construction sector in the whole 2011 will grow by around 3.4%, and by 1.5% in 2012, according to a report of published by advisory KPMG, CEEC Research and Norstat. The report shows that companies intend to get alliances and to obtain strategic partners. KPMG points out that a larger amount of firms think about the development by obtaining a strategic partner, and firms interested in alliances are 79% of the polled pool. Additionally, the intention to get a strategic partner was declared by 81% small- and medium-sized companies, and three out of four firms from engineering construction. According to the report, half of Polish construction firms forecast that their results in 2011 will be better from counterparts, and each third company says that they have more signed agreements than 12 months earlier. The most optimistic are SMEs - nearly 66% expect better results from their counterparts in 2011. The main obstacle, which influences mostly on companies' results is the administration. This is the main obstruction for all firms, disregarding their volume and sector, where they operate. ISB
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