Évosz: Construction Orders Lasting the Longest in Budapest

Construction

The contract stock of the construction industry decreased by 28% nationally, while in Budapest it decreased by about 15% on an annual basis, which means that market orders will last the longest in the capital to the extent that the profession desires said the president of the National Association of Construction Contractors (Évosz) László Koji, yesterday in Budapest.

At the annual department meeting of the Construction Industry Department of the Budapest Chamber of Commerce and Industry (BKIK), Koji indicated at the same time that, according to their expectation, the volume of orders in Budapest will decrease significantly in the second half of the year.

He emphasized that all customer segments are reducing their orders, and this is especially true for the capital, which does not show investment-stimulating behavior. 

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