Business Report
places of residence, i.e. hotels, nursing facilities, etc. Civil engineering: Transport and utility infrastructure Construction industry in Europe Prospects for the European construction industry in 2020 were initially positive, but then COVID-19 arrived, hurting both the supply side (e.g. bottlenecks on [...] Business report Market outlook remains positive An initially positive growth outlook for the European economy in 2020 was upended by the COVID-19 pandemic: the International Monetary Fund (IMF) has estimated growth of –7.2% for the European economy last year. In 2021, by contrast, there should be clear [...] on our construction sites) and the demand side (e.g. lower purchasing power and postponed orders). But 2020 also showed that the construction industry is more stable than many other sectors. Demographic effects, attractive financing conditions and various measures taken by governments, including tax incentives
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Investor Relations
2020
The year 2020