Despite the general mood indicating a global financial slowdown, central Europe is not down and out! In fact, our Summer market reports from Poland, Hungary, Czech Republic, Slovakia and Romania show that, despite the pressures, there are positive signs that indicate this region is in good stead for Q3 and Q4 2022.
It is true that the war in Ukraine has led to crippling labour shortages across Europe, as well as heavily disrupted supply chains … but materials and equipment shortages are improving. Confidence in the sector remains above that seen in 2020 during the COVID-19 pandemic and, for now, construction in central Europe continues to build back better.
Each of our individual country market reports contain a thorough examination of materials availability, labour supply and contracts plus a look at the overall temperature of the sector. It also includes tailored advice on where to shore up and how to grow, given our 135+ years’ of experience in the sector.