Engineering work to stabilise the Balkan construction market

As a result of the economic slowdown and the less substantial inflow of foreign capital, in 2009 the growth rate of the Western Balkan construction market will dwindle to approximately 6% from 12% in 2008. More robust growth will not be possible before 2011. In future years civil engineering will be the driving force in the Western Balkan construction industry.
In 2009 the construction market in the Western Balkan region, which comprises Serbia, Croatia and Bosnia and Herzegovina, will be worth almost €7bn in total, an increase of more than 6% in nominal terms in comparison with 2008 – this is one of the conclusions in our latest report, which is entitled “The construction industry in the Balkans 2009: Serbia, Croatia and Bosnia and Herzegovina. Development forecasts for 2009-2011”.

Sign up now to open the complete market analysis.

You may open an unlimited number of analyses accessible from PMR websites.
  • 1E-mail
    (to send requested information)
  • 2Brief profile
    (required for new e-mails only)

 required fields

You must accept PMR’s Privacy Policy.