Mild weather helps up construction output 28.3% y.o.y. in February


The Central Statistics Office (KSH) today released some figures showing a pretty decent showing by Hungary’s construction industry in February: To wit, KSH reports a 28.3% year-on-year increase in production for the month over February 2013.

KSH further reported an y.o.y. increase in both building construction (up 21.3%) and civil engineering (up 39.2%).

Citing favorable weather conditions as among the factors for the lucrative month, KSH noted a month-on-month increase of 28.3% for February, as well as a 22.5% y.o.y. upswing for the first two months of 2014.

For February 2014, the volume of new orders was 29.8% higher y.o.y., including a big 77.9% increase in civil engineering work in the month; KSH attributed this significant jump to “high-value contracts for road and bridge construction and railway development.”


POPIHN Raises Forecast for Fuel Consumption Energy Trade

POPIHN Raises Forecast for Fuel Consumption

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

Nolato Partners With Happy at Work HR

Nolato Partners With Happy at Work

Sümeg Castle Reopens History

Sümeg Castle Reopens


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.