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Theme: Bussines Tendencies


Business tendencies in construction, fourth quarter of 2015

05.02.2016


The managers of the business entities assessed that the confidence indicator in construction in the fourth quarter of
2015 is 0.4 percentage points higher compared to the previous quarter, and 2.0 percentage points higher compared
to the same quarter of 2014.


The expectations for the total orders (contracts) are more favourable and the expectations for the number of employees
are that it will be at the same level during the next 3 months.


The assessment of the economic situation in the fourth quarter of 2015 is more favourable compared to the previous
quarter, as well as compared to the same quarter of 2014. The assessment of the financial situation and of the present
situation with orders (contracts) for construction works is less favourable compared to the previous quarter.


The selling prices are expected to increase in the next period, and the quantity and quality of the business entities'
mechanization and equipment in the fourth quarter of 2015 are above the normal level.


The factors that had the greatest influence on limiting the improvement of the present construction activity were:
increased material expenditures with 18.9%, increased financial expenditures (interests) with 17.8%, increased labour
expenditures with 13.0% and shortage of competent staff with 12.5






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