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This is an archived release.
Fewer new commercial buildings
Orders for new commercial buildings went down from the second to the third quarter this year. They were 8 per cent lower than in the 3r d quarter the previous year.
The value of company reserves for new commercial buildings fell 6 per cent over the course of 3r d quarter and was, at the end of the quarter, 13 per cent lower than at the same time the previous year.
There was a growth in new renovation orders in the commercial building sector, in the 3r d quarter this year. The value of renovation reserves was 14 per cent higher at the end of the 3r d quarter compared with the same period the previous year.
Stable inflow of housing projects
Over the course of the first nine months this year, company reserves of housing projects are stable but on a lower level than the year before. The value of unfilled housing orders, including renovation projects, is 16 per cent lower than at the same time the year before.
The value of company reserves for the entire construction industry fell 3 per cent over the course of 3r d quarter 2003.
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