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Construction continues to decline – Novinky.cz



“While buildings have been declining for months, the decline in May is new to construction. Larger companies managed to maintain their momentum, but smaller companies and individual traders were significantly below the level in May last year,” commented Petra Cuřínová, director of CZSO’s construction statistics. .

“On the contrary, the situation in building permits and housing construction has stabilized. The approximate value of permissible constructions increased and the housing construction in the final phase was caught up with the shortage in April,” she added.

In May, construction of 3,376 homes began, which is 0.8 per cent more year on year. 2943 housing units were completed, which corresponds to a year-on-year increase of 1

5.3 percent.

The approximate value of 7625 building permits issued in May was SEK 36.1 billion.

“Even a few weeks after the beginning of the release of anticoron virus restrictions, many construction companies are facing a shortage of foreign workers, as many have still not returned to the Czech Republic,” added Evospen’s CEO Evžen Korec.


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