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Performance of construction industry dropped by 7.9 % in February

Construction companies [in Slovakia] reached the volume of work worth EUR 268.5 million in the second month this year. For the first two months of this year, construction output fell by 4.6 % to EUR 527 million. According to UniCredit Bank analyst David Dereník, the fall of the construction production in February means that we have reached a new bottom of the industry since the beginning of the crisis and a minimum level in at least 5 years.

 
 
Author: SITA / zs, Date 19.04.2011