Increase in the Polish construction industry economic climate - October 2010

Driven by a steadily rising number of investment projects underway and planned, construction companies express slightly more favourable assessments of the economic situation of the market when compared to the findings of a study conducted six months ago. Construction activity is still hampered by numerous market barriers, but more and more companies are capable of identifying factors which have a positive bearing on the market. The results of a survey of high-level professionals from the management and operating divisions of 200 largest Polish construction companies, which was conducted by our company for the purposes of report entitled "Construction sector in Poland H2 2010 – Comparative regional analysis and development forecasts for 2010-2013”, are evidence that sentiment in the Polish construction industry has taken a slight turn for the better.
In September 2010, PMR Polish Construction Climate Indicator had a value of 7.8 pts, demonstrating that construction companies were more optimistic in their assessment of the market situation than they had been a year ago, despite adverse market circumstances prevailing in the early months of 2010.