Construction companies in Bulgaria struggle to finish infrastructure projects
Posted on August 17th, 2009 in Real estate news | No Comments »
Construction companies in Bulgaria maintained the trend to push and finish infrastructure projects throughout June.
According to today’s report of the National statistics agency (NSI), the registered decrease of production in the real estate construction business is 14,9%, while the civil construction (infrastructure construction of roads, bridges, pipes, electricity lines, etc.) increased with 6,0% compared to June 2008.
The finished construction in June 2009 decreased with 8,6% compared to the same month of the previous year.
Compared to the previous month however, finished real estates in Bulgaria increased by 10,6%.
The real estate construction is a relatively large share (64,9%) from the total production in the business and the registered growth is 9,6%. The civil/engineering construction increased by 12,4%, but due to it’s relatively smaller share of the total construction it does not affect the overall production significantly.
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