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This is an archived release.
High inflow of new orders continues
The high inflow of new orders that the construction industry experienced in 2004 continues in 2005. During the first quarter this year the value of company reserves increased by 8 per cent, and is by the end of the quarter 15 per cent higher than at the same time last year.
In addition to the strong growth in residential building projects, there has also been an increase in the inflow of new commercial buildings in the last two quarters. The value of company reserves of new non-residential buildings was 15 per cent higher at the end of the first quarter in 2005 compared with the same time last year. The company reserve of new residential buildings increased by 34 per cent in the same period.
The value of company reserves for civil engineering works was 3 per cent higher at the end of the first quarter this year compared with the same time last year.
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