Construction in Poland - Key Trends and Opportunities to 2018

Published: Sep, 2014 | Pages: 76 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)


Synopsis
This report provides detailed market analysis, information and insights into the Polish construction industry including:
The Polish construction industry's growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs across each project type within Poland
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Polish construction industry
Profiles of the leading operators in the Polish construction industry
Data highlights of the largest construction projects in Poland 

Summary
The Polish construction industry increased in value at a compound annual growth rate (CAGR) of 2.16% during the review period (2009-2013). The industry's outlook is expected to be positive over the forecast period (2014-2018), with growth supported by housing units, rail and energy infrastructure expansion. A rise in domestic demand and improving employment conditions are likely to attract investments in the infrastructure and residential construction markets. The industry is expected to record steady growth over the forecast period, supported by improving economic conditions and a recovery in construction activities. The industry is expected to record a forecast-period CAGR of 3.52%. 
Scope
This report provides a comprehensive analysis of the construction industry in Poland. It provides:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Poland using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Detailed profiles of the leading construction companies in Poland 
Reason To Buy
 Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level with over 600 time-series data forecasts
Understand the latest industry and market trends
Formulate and validate business strategies using Timetric's critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors 
Key Highlights
The Polish construction industry underwent a period of weak performance due to the financial crisis in 2008-2009, but recovered in 2011, registering a growth rate of 15.1% in nominal terms. The industry again went into depression following the Uefa Euro 2012 tournament as investment opportunities dwindled. It recorded a growth of 2.8% in nominal terms in 2012, the first time since 2009. The industry also remained weak in 2013, declining by 10.8%. According to the Central Statistical Office (CSO), production work involving investment and repair work by private entities declined by 10.3% in 2013 compared with 2012, and work by public sector entities declined by 17.8% during the same period.  
The country's expanding population and economic recovery continue to generate demand for infrastructure development in the country. In April 2014, the Ministry of Infrastructure and Development announced the construction of two new rail lines, with a total length of 100km in the central Mazovia region. As part of this plan, the construction of a 70km rail connection between Modlin and Plock and a 30km rail connection between Jaktorowo and Lowicz will be completed by 2020. The entire cost of the project is estimated at PLN3.5 billion (US$1.14 million).  
The Polish retail sector grew at a healthy pace in 2012. According to the CSO, the number of shops in Poland rose by 3.6% from 2011, to reach 357,000 in 2012. The largest increase was recorded in shops with a floor area of 400?999m2 and 1,000m2. Of these, supermarkets recorded the highest increase in the number of shops, with 9.2%, while hypermarkets grew by just 1.2%.  
The government enacted a 'developer bill' in April 2012, which intends to protect the rights of buyers, while maintaining relationships between banks, property developers and buyers. According to the new legal framework, business plans for residential construction will be improved, as well as the quality of the projects themselves, and developers will compete for bank loans. The new policies are expected to help curb market speculation, which will in turn support the growth of real estate construction in the country. 
In May 2014, the European Commission adopted a Partnership Agreement in conjunction with Poland strategy covering the effective use of European funds. Under this agreement, the European Commission announced that it would invest EUR77.6 billion in the Cohesion Policy 2014?2020. As part of this policy, the government has set a target to reduce the number of early school leavers and increase the number of enrolments in tertiary education. According to Eurostat, early leavers in Poland are anticipated to fall from 11.9% in 2013 to 10.0% in 2020, and enrolments in tertiary education are expected to increase from 36.8% in 2013 to 40.0% in 2020.

 1 Executive Summary
2 Market Overview
2.1 Key Trends and Issues
2.2 Benchmarking by Market Size and Growth
3 Commercial Construction
3.1 Performance Outlook
3.2 Key Trends and Issues
3.3 Data and Project Highlights
4 Industrial Construction
4.1 Performance Outlook
4.2 Key Trends and Issues
4.3 Data and Project Highlights
5 Infrastructure Construction
5.1 Performance Outlook
5.2 Key Trends and Issues
5.3 Data and Project Highlights
6 Institutiol Construction
6.1 Performance Outlook
6.2 Key Trends and Issues
6.3 Data and Project Highlights
7 Residential Construction
7.1 Performance Outlook
7.2 Key Trends and Issues
7.3 Data and Project Highlights
8 Company Profile: Budimex SA
8.1 Budimex SA - Company Overview
8.2 Budimex SA - Business Description
8.3 Budimex SA - Main Products and Services
8.4 Budimex SA - History
8.5 Budimex SA - Company Information
8.5.1 Budimex SA - key competitors
8.5.2 Budimex SA - key employees
9 Company Profile: Polimex-Mostostal SA
9.1 Polimex-Mostostal SA - Company Overview
9.2 Polimex-Mostostal SA - Business Description
9.3 Polimex-Mostostal SA - Main Products and Services
9.4 Polimex-Mostostal SA - History
9.5 Polimex-Mostostal SA - Company Information
9.5.1 Polimex-Mostostal SA - key competitors
9.5.2 Polimex-Mostostal SA - key employees
10 Company Profile: Mostostal Warszawa SA
10.1 Mostostal Warszawa SA - Company Overview
10.2 Mostostal Warszawa SA - Business Description
10.3 Mostostal Warszawa SA V - Main Services
10.4 Mostostal Warszawa SA - History
10.5 Mostostal Warszawa SA - Company Information
10.5.1 Mostostal Warszawa SA - key competitors
10.5.2 Mostostal Warszawa SA - key employees
11 Company Profile: Erbud SA
11.1 Erbud SA - Company Overview
11.2 Erbud SA - Business Description
11.3 Erbud SA - Main Services
11.4 Erbud SA - History
11.5 Erbud SA - Company Information
11.5.1 Erbud SA - key competitors
11.5.2 Erbud SA - key employees
12 Company Profile: Unibep SA
12.1 Unibep SA - Company Overview
12.2 Unibep SA - Main Services
12.3 Unibep SA - Company Information
12.3.1 Unibep SA - key competitors
12.3.2 Unibep SA - key employees
13 Market Data Alysis
13.1 Construction Output and Value Add
13.1.1 Construction output by project type
13.1.2 Construction output by cost type
13.1.3 Construction output by activity type
13.1.4 Construction value add by project type
13.2 Commercial Construction
13.2.1 Commercial construction output by project type
13.2.2 Commercial construction output by cost type
13.2.3 Commercial construction output by activity type
13.2.4 Commercial construction value add by project type
13.3 Industrial Construction
13.3.1 Industrial construction output by project type
13.3.2 Industrial construction output by cost type
13.3.3 Industrial construction output by activity type
13.3.4 Industrial construction value add by project type
13.4 Infrastructure Construction
13.4.1 Infrastructure construction output by project type
13.4.2 Infrastructure construction output by cost type
13.4.3 Infrastructure construction output by activity type
13.4.4 Infrastructure construction value add by project type
13.5 Institutiol Construction
13.5.1 Institutiol construction output by project type
13.5.2 Institutiol construction output by cost type
13.5.3 Institutiol construction output by activity type
13.5.4 Institutiol construction value add by project type
13.6 Residential Construction
13.6.1 Residential construction output by project type
13.6.2 Residential construction output by cost type
13.6.3 Residential construction output by activity type
13.6.4 Residential construction value add by project type
14 Appendix
14.1 What is This Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric's Services
14.8 Disclaimer


List of Tables
Table 1: Benchmarking with Other Major Construction Industries
Table 2: Commercial Construction Project 1 - Apsys - Laci Shopping Mall - Poland
Table 3: Commercial Construction Project 2 - GM - Pomeranian Logistics Center - Poland
Table 4: Commercial Construction Project 3 - VHG/COP - Andersa Square Office Development - Poz?
Table 5: Industrial Construction Project 1 - FCA - Tychy Manufacturing Factory Upgrade - Poland
Table 6: Industrial Construction Project 2 - GM - Tychy Opel Diesel-Engine Plant Expansion - Silesia
Table 7: Industrial Construction Project 3 - SITWTP - Waste Incinerator Plant - Poland
Table 8: Infrastructure Construction Project 1 - WCC - Warsaw Metro Development: Line II - Poland
Table 9: Infrastructure Construction Project 2 - GDDKiA - BGK-NRF Road Rehabilitation - Poland
Table 10: Infrastructure Construction Project 3 - GDDKiA - S3 Expressway: Nowa Sol to Legnica - Poland
Table 11: Institutiol Construction Project 1 - UMB - Bia?ystok University Hospital Expansion - Podlaskie
Table 12: Institutiol Construction Project 2 - WUT- Warsaw Central Laboratory - Poland
Table 13: Institutiol Construction Project 3 - WCC/MoCNH - Warsaw Museum of Modern Art - Poland
Table 14: Residential Construction Project 1 - WCC - WUWA 2 Housing Estate Development - Poland
Table 15: Residential Construction Project 2 - Marvipol - Central Park Ursynow Residential Development - Poland
Table 16: Residential Construction Project 3 - Wary?ski/Dantex - Warsaw Miasto Wola Estate Resdential Complex - Poland
Table 17: Budimex SA, Key Facts
Table 18: Budimex SA, Main Products and Services
Table 19: Budimex SA, History
Table 20: Budimex SA, Key Employees
Table 21: Polimex-Mostostal SA, Key Facts
Table 22: Polimex-Mostostal SA, Main Products and Services
Table 23: Polimex-Mostostal SA, History
Table 24: Polimex-Mostostal SA, Key Employees
Table 25: Mostostal Warszawa SA, Key Facts
Table 26: Mostostal Warszawa SA, Main Services
Table 27: Mostostal Warszawa SA, History
Table 28: Mostostal Warszawa SA, Key Employees
Table 29: Erbud SA, Key Facts
Table 30: Erbud SA, Main Services
Table 31: Erbud SA - History
Table 32: Erbud SA, Key Employees
Table 33: Unibep SA, Key Facts
Table 34: Unibep SA, Main Services
Table 35: Unibep SA, Key Employees
Table 36: Polish Construction Output by Project Type (PLN Million), 2009-2013
Table 37: Polish Construction Output by Project Type (PLN Million), 2013-2018
Table 38: Polish Construction Output by Cost Type (PLN Million), 2009-2013
Table 39: Polish Construction Output by Cost Type (PLN Million), 2013-2018
Table 40: Polish Construction Output by Activity Type (PLN Million), 2009-2013
Table 41: Polish Construction Output by Activity Type (PLN Million), 2013-2018
Table 42: Polish Construction Value Add by Project Type (PLN Million), 2009-2013
Table 43: Polish Construction Value Add by Project Type (PLN Million), 2013-2018
Table 44: Polish Commercial Construction Output by Project Type (PLN Million), 2009-2013
Table 45: Polish Commercial Construction Output by Project Type (PLN Million), 2013-2018
Table 46: Polish Commercial Construction Output by Cost Type (PLN Million), 2009-2013
Table 47: Polish Commercial Construction Output by Cost Type (PLN Million), 2013-2018
Table 48: Polish Commercial Construction Output by Activity Type (PLN Million), 2009-2013
Table 49: Polish Commercial Construction Output by Activity Type (PLN Million), 2013-2018
Table 50: Polish Commercial Construction Value Add by Project Type (PLN Million), 2009-2013
Table 51: Polish Commercial Construction Value Add by Project Type (PLN Million), 2013-2018
Table 52: Polish Industrial Construction Output by Project Type (PLN Million), 2009-2013
Table 53: Polish Industrial Construction Output by Project Type (PLN Million), 2013-2018
Table 54: Polish Industrial Construction Output by Cost Type (PLN Million), 2009-2013
Table 55: Polish Industrial Construction Output by Cost Type (PLN Million), 2013-2018
Table 56: Polish Industrial Construction Output by Activity Type (PLN Million), 2009-2013
Table 57: Polish Industrial Construction Output by Activity Type (PLN Million), 2013-2018
Table 58: Polish Industrial Construction Value Add by Project Type (PLN Million), 2009-2013
Table 59: Polish Industrial Construction Value Add by Project Type (PLN Million), 2013-2018
Table 60: Polish Infrastructure Construction Output by Project Type (PLN Million), 2009-2013
Table 61: Polish Infrastructure Construction Output by Project Type (PLN Million), 2013-2018
Table 62: Polish Infrastructure Construction Output by Cost Type (PLN Million), 2009-2013
Table 63: Polish Infrastructure Construction Output by Cost Type (PLN Million), 2013-2018
Table 64: Polish Infrastructure Construction Output by Activity Type (PLN Million), 2009-2013
Table 65: Polish Infrastructure Construction Output by Activity Type (PLN Million), 2013-2018
Table 66: Polish Infrastructure Construction Value Add by Project Type (PLN Million), 2009-2013
Table 67: Polish Infrastructure Construction Value Add by Project Type (PLN Million), 2013-2018
Table 68: Polish Institutiol Construction Output by Project Type (PLN Million), 2009-2013
Table 69: Polish Institutiol Construction Output by Project Type (PLN Million), 2013-2018
Table 70: Polish Institutiol Construction Output by Cost Type (PLN Million), 2009-2013
Table 71: Polish Institutiol Construction Output by Cost Type (PLN Million), 2013-2018
Table 72: Polish Institutiol Construction Output by Activity Type (PLN Million), 2009-2013
Table 73: Polish Institutiol Construction Output by Activity Type (PLN Million), 2013-2018
Table 74: Polish Institutiol Construction Value Add by Project Type (PLN Million), 2009-2013
Table 75: Polish Institutiol Construction Value Add by Project Type (PLN Million), 2013-2018
Table 76: Polish Residential Construction Output by Project Type (PLN Million), 2009-2013
Table 77: Polish Residential Construction Output by Project Type (PLN Million), 2013-2018
Table 78: Polish Residential Construction Output by Cost Type (PLN Million), 2009-2013
Table 79: Polish Residential Construction Output by Cost Type (PLN Million), 2013-2018
Table 80: Polish Residential Construction Output by Activity Type (PLN Million), 2009-2013
Table 81: Polish Residential Construction Output by Activity Type (PLN Million), 2013-2018
Table 82: Polish Residential Construction Value Add by Project Type (PLN Million), 2009-2013
Table 83: Polish Residential Construction Value Add by Project Type (PLN Million), 2013-2018
Table 844: Timetric Construction Market Definitions