Thursday, 8 August 2013

Poland Infrastructure Report Q4 2013: Business Monitor International Market Research Reports

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Poland Infrastructure Report Q4 2013
Aug 7th 2013, 00:00

Price: $ 1295  

BMI View: We have downgraded our forecast for the Polish construction industry in 2013 from an already cautious 2.2% growth anticipated earlier to a more severe 3.5% real contraction during the year. Amid a worrying combination of high competition, poorly structured tendering processes, contract disputes and the consequent ill-repute from the EU and its European counterparts, Poland has also seen its score in BMI's Risk/Reward Ratings being reduced to 65.3 points this quarter, with further downside risk should the 2013 contraction in the industry be more severe than anticipated. Over the medium term, we expect the sector to return to positive growth territory, although it will remain well below the rate witnessed in the preceding five years. Estimates from the National Accounts Division and ...

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