After nine months of 2024, the number of insolvent entities in the construction industry was 40 percent higher. higher than in the same period of the previous year and by 10 percent. higher than in the whole of 2023. This year, over 700 companies declared insolvency. Small installation, renovation and general construction companies are mainly in trouble. “This is the result of stagnation in all segments of the industry – both in private construction, including mainly apartments and houses, and in public construction,” it says.Dziennik Gazeta Prawna“.
The construction industry has problems. When will improvement occur?
Marcin Ogulewicz from Coface pointed out that the industry is suffering from delays in implementing funds from the National Reconstruction Plan (KPO). “There was a continuing decline in railway investments, prolonged discussions on the country's energy transformation and general inertia resulting from the government's review of investment projects,” he wrote in a comment quoted by the daily.
He estimated that the industry's goal for the coming months is to survive until the long-awaited funds from public programs are released. “Taking into account the specificity of the implementation and implementation of construction projects and climatic conditions, the improvement of the situation in the construction industry will not occur until the second half of next year at the earliest,” Ogulewicz emphasized.
The construction industry has hopes related to the construction of the CPK
After some stagnation in the first half of the year, the activities of the General Directorate for National Roads and Motorways (GDDKiA) are gaining momentum. “Further contracts are being signed. Since the beginning of the year, road construction workers have concluded 34 contracts for route sections with a total length of 443 km and a value of construction works of approximately PLN 17 billion,” we read. Of these, 26 contracts concerned the construction of expressways with a total length of 390 km.
“The investment review temporarily suspended railway projects, but in the fall the bag of tenders was closed. By the end of the year, railway workers are to announce tenders worth over PLN 17 billion. This level of orders is to be maintained next year,” writes “DGP”. The newspaper indicates that the construction industry also has high hopes for the construction of the Central Communication Port (CPK).