The troubled Polish construction sector should start displaying the first signs of recovery this year, according to the national bank (NBP), thanks to private sector investments in the country’s office and warehouse sector. While many Polish builders continue to suffer from low-margin public road contracts, optimism is slowly returning as the government lines up fresh EU funding for the coming few years.
“Orders from the Polish railway infrastructure rose 40 percent this year, while public road investments expanded by 20 percent, which make the two sectors the key drivers for Polish builders in the next five to 10 years,” said Dariusz Grzeszczak, CEO of Erbud.
Erbud secured two major office sector contracts last year: Eurocentrum and Royal Wilanów, totaling PLN 550m.
