In the building industry of the Western Europe it is expected
In the building industry of the Western Europe it is expected
Insignificant revival.
According to the forecasts made at June conference
"Euroconstruct" in Rome, current year manufacture in
The building industry of the Western Europe 3 % will increase on About, and in
1998 - on 1,5 %. In the countries Central and the Eastern Europe
The gain in the given branch will be more considerable: 5 % in 1997 and
6,3 % in 1998
So weak revival in the West European building will be
It is caused by long recession in this branch in a number of the large countries
Region, and first of all in Germany. Among the reasons of the given recession -
Reduction of budgetary expenses on the threshold of introduction of the uniform
The European currency and the superfluous offer in the market of habitation,
Trading and industrial buildings.
The data characterising rates of development are more low cited
The building industry in the Western Europe in 1994 - 1998
(A gain or curtailment of production in comparison with the previous
Year, %, on the basis of constant prices):
1994199519961997 1) 1998 1)
Zap. Europe as a whole 2,7 1,0-0,8 0,3 1,5
In distribution on sectors
Buildings.
Housing construction 9,3 2,4-1,5-1,1 0
Commercial and industrial (new)-3,2 1,8 1,2 1,1 2,2
Building of public buildings
(New) 0,3 - 2,0-4,4 0,6
The building financed
The state 0,8-0,5-3,0 0 2,0
Updating of old buildings 3,0 1,3 1,1 2,0 2,0
In distribution on the countries.
Austria 4,7-0,2-0,5 0,5 1,5
Belgium 1,6 1,5 1,4 2,8 2,8
The Great Britain 3,3-0,6 1,0 2,8 3,4
Germany 7,7 1,2-2,7-0,8-0,2
Denmark 0 7,0 5,4 4,3 4,0
Ireland 11,8 13,7 11,6 9,8 5,2
Spain 1,2 5,0-1,0-0,5 2,0
Italy-2,8 1,1 1,9 0,6 1,1
The Netherlands 1,3 0,5 2,3 2,2 1,1
Norway 12,6 0,7 3,8-0,8-3,9
Portugal 1,0 6,0 4,5 10,5 4,1
Finland-3,0 2,0 4,0 11,0 8,0
France-0,2 0,1-3,7-1,2 3,0
Switzerland 5,2-4,3-5,6-4,5-0,8
Sweden-3,2-1,7 1,7-1,2 3,5
__________.
1) the Estimation.
In opinion "Euroconstruct", housing construction reduction in
To the Western Europe as a whole will stop only in 1998 in connection with
Recession in the given sector in Germany, Italy, Switzerland and
The Netherlands. In the Scandinavian countries, except for Norway, in
Housing construction the lifting measured will be observed
Two-place numbers.
The finished housing construction in the Western Europe.
1994199519961997 1) 1998 1)
(Thousand apartments).
In with e g about 1911 2005 1974 1903 1891
Austria 49 53 58 56 52
п п п я пЁп я 2) 44 49 54 41 46
The Great Britain 186 190 180 184 186
Germany 573 603 590 530 505
п п п?п я 2) 12 12 13 16 18
Ireland 27 31 34 37 37
Spain 220 242 253 270 270
Italy 282 265 263 246 238
The Netherlands 87 94 89 90 90
Norway 18 19 18 19 20
Portugal 62 68 70 77 81
Finland 27 25 21 26 30
п?я п п?я п я 2) 255 295 280 262 270
Switzerland 47 46 38 36 33
Sweden 22 13 13 13 15
__________.
1) the Estimation.
2) the Estimation of institute "IFO" which is based on bookmarks of habitation.
Next year revival in West European will amplify
Commercial and industrial building. However volume increase
Jobs in the given sector will be moderated, for investments
Are still directed basically on upgrade of the available
Capacities, instead of on a construction of the new enterprises.
Surplus of capacities is reduced by slow rates, in this connection
Many companies build offices and the industrial enterprises for
Limits of the Western Europe.
Current year a construction in the West European countries
Public buildings it has appeared under adverse influence
Strict measures on reduction of budgetary expenses. An exception
Portugal and Ireland, where make rates of the specified
Buildings are high. In 1998 in the given sector
Some revival is expected.
Falling in the Western Europe of volume of the building financed
The state, should stop current year. Development
The given sector it will be stimulated with expansion of the European
Networks automobile and railways. In 1998 the specified
Building will extend.
Now practically unique stimulators for
The building industry of the Western Europe projects are,
Connected with repair and upgrade. In 1996 on these projects
It was necessary about 1/3 all buildings.
In Germany building manufacture in the remained months
Current year will continue to fall. However rates of this falling
Considerably will decrease, as ponizhatelnaja the tendency
It will be saved only in east earths (in the western earths the specified
Manufacture is able to stagnation).
In 1998 manufacture volumes in the building industry of the east
The earths of Germany will decrease higher rates, and in
The western earths some expansion of building is expected.
In France building current year again will be reduced
In connection with reduction of assignments by the projects financed
The state. However, this reduction will be smaller, than in 1996
Current revival in economy will mention the building industry
Only in 1998 when the situation will essentially improve not only
In housing, but also in commercial and industrial sector. High rates
The building financed will develop also
The state, - owing to activization of jobs on a construction of roads.
However an expected 3 %-s' gain of volume of building in 1998
Will be too small to compensate earlier losses
And considerably to increase number occupied in this branch.
Revival in the building industry of the Great Britain
Even more will amplify. Substantially it will be
To stimulate a construction of office buildings and time constructions.
The situation in industrial and housing construction will improve also.
All accruing transfer to the private companies of jobs, earlier
Financed by the state, has led ponizhatelnoj to the tendency
In the given sector of building. This tendency will take place and
Current year, and in 1998 there will come revival.
In Italy considerable lifting in the building industry
While and has not come. In housing sector falling proceeds
The business activity, begun three years ago and speaking
The big number of unoccupied apartments, uncertainty in the relation
National economy developments as a whole and expected increase of taxes.
There are no stimulus and for expansion of building industrial and
Office buildings. At the same time in sector
Trading-office buildings and prospect hotels are considered
More encouraging. Owing to expansion of building of roads
And bridges position and in sector of the jobs financed will improve
The state.
More and more early forecasts concerning the building industry
Spain have been reconsidered towards decrease. Already
The increase, and small reduction of volume is predicted not
Manufactures current year. Revival in the given branch can
To come only in 1998, and all hopes of it
Communicate basically with repair and modernizatsionnymi jobs.
Housing construction is stimulated with its special program
The expansions, calculated on 1996 - 2000, and also low
Interest rates under hypothecary credits. However rates of growth
This building in 1997 - 1998 will be much more smaller, than
Earlier. In sector of trading, industrial and public buildings
The tendency, and in sector of the state will proceed ponizhatelnaja
Buildings in 1998 revival is expected.
Lifting in economy of Belgium should mention and
The building industry of this country. In sector of habitation the business
Activity is stimulated with low rates under hypothecary credits,
Stabilisation of the prices in the contract market, and also VAT decrease on
The apartments which building is carried out at the financial
To state support. However inflow of investors to the given sector
It is braked by lower, than in other branches, rates of growth
Incomes, high risk of loss of orders, and also changes in
The taxation of the ground areas. povyshatelnoj tendencies in
Sector of commercial and industrial building will be still
To promote growth of investments from the industrial companies. In
Same time a languid consumer demand will reduce volume
Civil work by the companies occupied with trading operations and
Granting of services. On sector of public buildings
And building of schools will positively affect sector of jobs,
Financed by the state, - expansion of a railway system and
Realisation of new sewer projects.
Building in Ireland really will quicken only in
1998, and this revival will mention all its sectors. That
Concerns sectors of the jobs financed by the state, lifting in
Him, measured by two-place numbers, it is developed already in the flowing
To year.
In the Netherlands manufacture volume in the building
The industries current year will increase approximately in the same degree, that
And in 1996, and in 1998 rates of growth will be reduced. Housing
The building financed from private sources, is stimulated
Favorable economic prospects, low rates on
To credits and high expected incomes. At the same time investments
In a habitation construction in which financing participates
The state, restrain reduction of grants. After the small
Revival current year in housing construction sector in
Whole falling of business activity, apparently, will proceed.
In sector of trading and industrial buildings current year will be
High rates of growth, and in sector of the public are fixed
Buildings - considerable reduction of volumes of building. Jobs,
finansirumye the state, will be stimulated with the new
Building projects.
In housing sector of Austria jobs will prevail on
Upgrades of old buildings. Revival in commercial and industrial
The sector, begun in the Western Europe as a whole in 1995,
Becomes obvious in this country only next year. In advantage
Such turn plans of building of new offices testify
And the enterprises, lifting in economy and low interest rates on
The market of capitals. The state building is braked
Measures of the strict economy.
Considerably housing construction in Portugal becomes more active.
It will be promoted by lower rates on
To credits, grants of the government for building of habitation,
Financed from private sources, and the construction program
Houses for the homeless in which realisation participates
The state. Still bolshy lifting will be observed in jobs,
Financed by the government, which share in the Portuguese
The building industry is prevailing. However in 1998
Rates of growth in all sectors of building will decrease.
In building of Switzerland in 1997 and 1998 the business
Activity will continue to fall. In sector of habitation of many
Potential investors are "frightened off" by the big number of the free
Apartments in this connection its building will sharply be reduced. In even
More considerable degree the building volume will decrease in
Commercial and industrial sector that will be caused rather
Modest rates of development of the Swiss economy, high number
Unoccupied trading-administrative and industrial buildings,
Reduction in demand for building objects from the party
Tourist business, and also isolation of Switzerland from EU. In 1998
Probably some improvement of a situation in sector
The state building.
Building prospects in the Scandinavian countries
Are considered much more favorable, than in
The majority of other countries of Western Europe. The exception makes
Norway, where in 1998 activity almost in all sectors of branch
Will sharply decrease. Only in sector of habitation rates of growth (high already
Now) even more will increase, but a share of this sector in general
The Norwegian building makes all about 12 %.
The considered branch will faster develop in Finland,
Than in other Scandinavian states; the main impulse for
It building individual and apartment houses is.
Two-place rates of growth in commercial and industrial are expected also
Sector and sector of public buildings; in sector
The state building they will be below averages.
In Denmark the habitation sector will develop also the highest in
The building industry of this country rates. After a rise in price
Old houses of the price for new habitation will seem rather
The low. Amount of works in commercial and industrial sector essentially
Will increase, and in sector of the state building - remains
Without changes.
After short-term revival in 1996 current year in
Housing construction of Sweden business activity again will go down.
Considerable lifting in the given sector is expected in 1998 About
As other sectors of the building will develop also
The industries of this country, except sector state
Buildings, where as in flowing, and the future years a situation
Should improve.
Among the states of the Eastern Europe most
High rates of growth of building manufacture will have Poland
And Slovakia; in Czechia they will appear below averages.
In Poland revival of considered branch is provided in
The core sector of trading and industrial buildings. Building
Public buildings, mainly schools, will extend
Two-place rates. In sector of the state building
End of some the large projects connected with is expected
Construction automobile and railways. As to
Housing construction lifting in him is expected not earlier than 1998
Forecasts on 1997 - testify 1998 about rather
High activity in the building industry of Hungary, basically in
Commercial and industrial sector. The state again will quicken
Building. The boom in housing sector has ended in 1996; in
Current year the manufacture volume in this sector remains on
High level of 1996, and in 1998 - will increase.
In Czechia current year rates of growth of building manufacture
Will be slowed down, and in 1998 - will increase. The highest they will be in
The housing sector which development is stimulated
The state grants. The big hopes communicate also with
The building financed by the state. Stagnation or
ponizhatelnaja the tendency will be characteristic for a construction trading,
Industrial and public buildings, and also for jobs on
To updating of old buildings.
Slovakia will be in the lead in the Eastern Europe on rates of growth
Building manufacture. Especially favorable forecasts
Become concerning building under the governmental orders.
The habitation construction will be stimulated with reform in its system
The state subsidising. Quite good prospects has and
Commercial and industrial sector.
Rates of development of building manufacture are more low resulted in
Four named countries of Eastern Europe (a gain or
Reduction in comparison with previous year, %, on the basis of the invariable
The prices):
1994199519961997 1) 1998 1)
Hungary 11,0 3,0 1,0 5,0 7,0
Poland 0,3 5,6 5,0 6,3 7,0
Slovakia-5,2 0,8 3,5 7,1 8,0
Czechia 3,4 8,7 4,7 2,1 4,0
__________.
1) the Estimation.
//* an information Source: BIKI, 11.10.97
//* Reg. Nom. - 6071000114.01-------------------------------------------
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