Market and customers
delivered by significant investments in health, pharmaceutical and educational buildings. Growth expectations for this sector are 1.6% for 2022, 2.1% for 2023 and 1.0% for 2024. The civil engineering sector is mainly driven by public investment in complex transport infrastructure projects. These are financed [...] financed through two large federal infrastructure funds. Civil engineering is expected to grow moderately for the next three years (2022: 0.5%, 2023: 0.4%, 2024: 0.7%), with much of this growth accounted for by a solid level of investment in transport infrastructure. Prospects for core market Germany Factors [...] sector, which has greatly expanded its transport construction activities since 2016. The federal states have to submit a balanced budget again from 2023 (the so-called debt brake is suspended until then), meaning they will have to control their expenditure more carefully; but the federal government has
Media & Investors
Investor Relations
2021
The Year 2021