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Published:
This is an archived release.
Reserves on building works increased
The value of company reserves for the entire construction industry rose by 3 per cent from the 1s t quarter to the 2n d quarter of 2002. Company reserves for non-residential buildings rose by 10 per cent during the 2n d quarter of 2002.
From the 2n d quarter last year to the 2n d quarter this year the inflow of new orders on non-residential buildings increased by 6 per cent. Renovation works of this type had a rise in inflow of 33 per cent while the inflow of new non-residential building projects fell with 2 per cent.
Company reserves on residential building orders decreased by 5 per cent during the 2n d quarter. Since the end of the 2n d quarter last year this type of reserves fell by 7 per cent. The inflow of new residential building projects increased by 3 per cent since the 2n d quarter last year.
Stable on civil engineering works
The value on company reserves in civil engineering works fell by 2 per cent during the 2n d quarter of 2002. Because of a high increase the last quarter company reserves still are 19 per cent higher than at the same time last year. New orders on civil engineering works are 1 per cent higher than in the 2n d quarter of 2001.
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