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Construction in the Czech Republic - Key Trends and Opportunities to 2020

Construction in the Czech Republic - Key Trends and Opportunities to 2020


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Executive Summary

The Czech Republics construction industry shrank during the review period (2011-2015), reflecting weak business confidence and consumer demand, depressed economic conditions and socio-political instability.

The industrys output value in real terms recorded a compound annual growth rate (CAGR) of 1.18% during this period.

The construction industrys forecast-period (2016-2020) outlook is positive, with growth supported by road, rail and energy infrastructure expansion projects.

Rising export demand and improving employment conditions are expected to attract investments in the industrial and residential construction markets.

Public and private sector investments under the National Development Strategy 2011-2016, the National Tourism Development Strategy 2014-2020 and the European Union (EU) Cohesion Policy 2014-2020 are expected to bolster construction activity.

Summary

Timetrics Construction in the Czech Republic- Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Czech construction industry including:

Czech construction industrys growth prospects by market, project type and construction activity

Analysis of equipment, material and service costs for each project type in Czech Republic

Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Czech construction industry

Profiles of the leading operators in the Czech construction industry

Data highlights of the largest construction projects in Czech Republic

Scope

This report provides a comprehensive analysis of the construction industry in Czech Republic. It provides:

Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Czech Republic using construction output and value-add methods

Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

Analysis of key construction industry issues, including regulation, cost management, funding and pricing

Detailed profiles of the leading construction companies in Czech Republic

Reasons To Buy

Identify and evaluate market opportunities using Timetrics standardized valuation and forecasting methodologies.

Assess market growth potential at a micro-level with over 600 time-series data forecasts.

Understand the latest industry and market trends.

Formulate and validate strategy using Timetrics critical and actionable insight.

Assess business risks, including cost, regulatory and competitive pressures.

Evaluate competitive risk and success factors.

Key Highlights

The countrys construction industry underwent a difficult period during the review period, as evidenced by a decline in the number of building permits issued. According to the Czech Statistical Office (CZSO), the total number of building permits issued fell by 6.5%, from 84,864 in 2013 to 79,357 in 2014. In terms of type of construction, permits for residential buildings fell by 4.6%, from 29,475 in 2013 to 28,127 in 2014, whereas, permits for non-residential building declined by 7.4%, from 18,929 to 17,527 during the same period. However, in the first eleven months of 2015, the total building permits grew marginally by 0.9% annually, from 73,559 in January-November 2014 to 74,239 in January-November 2015.

According to the CZSO, residential property prices increased during the first nine months of 2015, backed by growth in demand due to improving business confidence and low interest rates. The countrys house price index rose by 3.8% in the first nine months of 2015, from 100.6 in January-September 2014 to 104.4 in January-September 2015, whereas the average indices of offering prices of apartments grew by 4.9%, from 100.6 to 105.5 during the same period.

The Czech government invested in road construction during the review period and will continue to invest in new projects over the forecast period, including the construction of the Prague bypass road, R35 expressway section and repair of the D1 motorway between Mirocovice and Kyvalka.

Government efforts to balance supply and demand for energy are expected to support the growth of the energy and utilities construction market over the forecast period. In order to provide reliable, environmentally friendly and safe energy supply, the government published its national energy policy in May 2015. Under which, the government plans to increase the share of nuclear energy in the total electricity generation mix from 35% in 2014 to 46-58% by 2040.

The country has one of the most highly developed transport networks in Central Europe. To maintain its position, continued investments are expected in infrastructure over the forecast period.

1 Executive Summary

2 Industry Outlook

2.1 Commercial Construction

2.2 Industrial Construction

2.3 Infrastructure Construction

2.4 Energy and Utilities Construction

2.5 Institutional Construction

2.6 Residential Construction

3 Key Issues and Developments

4 Market Data Analysis

4.1 Construction Output and Value Add

4.1.1 Construction output by project type

4.1.2 Construction output by cost type

4.1.3 Construction output by activity type

4.1.4 Construction value add by project type

4.2 Commercial Construction

4.2.1 Commercial construction output by project type

4.2.2 Commercial construction output by cost type

4.2.3 Commercial construction output by activity type

4.2.4 Commercial construction value add by project type

4.3 Industrial Construction

4.3.1 Industrial construction output by project type

4.3.2 Industrial construction output by cost type

4.3.3 Industrial construction output by activity type

4.3.4 Industrial construction value add by project type

4.4 Infrastructure Construction

4.4.1 Infrastructure construction output by project type

4.4.2 Infrastructure construction output by cost type

4.4.3 Infrastructure construction output by activity type

4.4.4 Infrastructure construction value add by project type

4.5 Energy and Utilities Construction

4.5.1 Energy and utilities construction output by project type

4.5.2 Energy and utilities construction output by cost type

4.5.3 Energy and utilities construction output by activity type

4.5.4 Energy and utilities construction value add by project type

4.6 Institutional Construction

4.6.1 Institutional construction output by project type

4.6.2 Institutional construction output by cost type

4.6.3 Institutional construction output by activity type

4.6.4 Institutional construction value add by project type

4.7 Residential Construction

4.7.1 Residential construction output by project type

4.7.2 Residential construction output by cost type

4.7.3 Residential construction output by activity type

4.7.4 Residential construction value add by project type

5 Company Profile: Eurovia, AS

5.1 Eurovia, AS- Company Overview

5.2 Eurovia, AS- Main Services

5.3 Eurovia, AS- Company Information

5.3.1 Eurovia, AS- key competitors

5.3.2 Eurovia, AS- key employees

6 Company Profile: Metrostav AS

6.1 Metrostav AS- Company Overview

6.2 Metrostav AS- Main Services

6.3 Metrostav AS- History

6.4 Metrostav AS- Company Information

6.4.1 Metrostav AS- key competitors

6.4.2 Metrostav AS- key employees

7 Company Profile: OHL ZS, AS

7.1 OHL ZS, AS- Company Overview

7.2 OHL ZS, AS- Business Description

7.3 OHL ZS, AS- Main Services

7.4 OHL ZS, AS- History

7.5 OHL ZS, AS- Company Information

7.5.1 OHL ZS, AS- key competitors

7.5.2 OHL ZS, AS- key employees

8 Company Profile: VCES AS

8.1 VCES AS- Company Overview

8.2 VCES AS- Main Services

8.3 VCES AS- History

8.4 VCES AS- Company Information

8.4.1 VCES AS- key competitors

8.4.2 VCES AS- key employees

9 Company Profile: GEMO OLOMOUC, spol. SRO

9.1 GEMO OLOMOUC, spol. SRO- Company Overview

9.2 GEMO OLOMOUC, spol. SRO- Main Services

9.3 GEMO OLOMOUC, spol. SRO- History

9.4 GEMO OLOMOUC, spol. SRO- Company Information

9.4.1 GEMO OLOMOUC, spol. SRO- key competitors

9.4.2 GEMO OLOMOUC, spol. SRO- key employees

10 Appendix

10.1 What is this Report About?

10.2 Definitions

10.3 Methodology

10.4 Contact Timetric

10.5 About Timetric

10.6 Timetrics Services

10.7 Disclaimer

Figure 1: Czech Construction Output (Real USD 2010, Million), 2011-2020

Figure 2: Growth Matrix for Construction Output in Czech Republic (USD Million), 2011-2020

Figure 3: Czech Construction Output by Project Type (CZK Million), 2011-2020

Figure 4: Czech Construction Output by Cost Type (CZK Million), 2011-2020

Figure 5: Czech Construction Output by Activity Type (CZK Million), 2011-2020

Figure 6: Czech Construction Value Add by Project Type (CZK Million), 2011-2020

Figure 7: Czech Commercial Construction Output by Project Type (CZK Million), 2011-2020

Figure 8: Czech Commercial Construction Output by Cost Type (CZK Million), 2011-2020

Figure 9: Czech Commercial Construction Output by Activity Type (CZK Million), 2011-2020

Figure 10: Czech Commercial Construction Value Add by Project Type (CZK Million), 2011-2020

Figure 11: Czech Industrial Construction Output by Project Type (CZK Million), 2011-2020

Figure 12: Czech Industrial Construction Output by Cost Type (CZK Million), 2011-2020

Figure 13: Czech Industrial Construction Output by Activity Type (CZK Million), 2011-2020

Figure 14: Czech Industrial Construction Value Add by Project Type (CZK Million), 2011-2020

Figure 15: Czech Infrastructure Construction Output by Project Type (CZK Million), 2011-2020

Figure 16: Czech Infrastructure Construction Output by Cost Type (CZK Million), 2011-2020

Figure 17: Czech Infrastructure Construction Output by Activity Type (CZK Million), 2011-2020

Figure 18: Czech Infrastructure Construction Value Add by Project Type (CZK Million), 2011-2020

Figure 19: Czech Energy and Utilities Construction Output by Project Type (CZK Million), 2011-2020

Figure 20: Czech Energy and Utilities Construction Output by Cost Type (CZK Million), 2011-2020

Figure 21: Czech Energy and Utilities Construction Output by Activity Type (CZK Million), 2011-2020

Figure 22: Czech Energy and Utilities Construction Value Add by Project Type (CZK Million), 2011-2020

Figure 23: Czech Institutional Construction Output by Project Type (CZK Million), 2011-2020

Figure 24: Czech Institutional Construction Output by Cost Type (CZK Million), 2011-2020

Figure 25: Czech Institutional Construction Output by Activity Type (CZK Million), 2011-2020

Figure 26: Czech Institutional Construction Value Add by Project Type (CZK Million), 2011-2020

Figure 27: Czech Residential Construction Output by Project Type (CZK Million), 2011-2020

Figure 28: Czech Residential Construction Output by Cost Type (CZK Million), 2011-2020

Figure 29: Czech Residential Construction Output by Activity Type (CZK Million), 2011-2020

Figure 30: Czech Residential Construction Value Add by Project Type (CZK Million), 2011-2020

Table 1: Czech Construction Output by Project Type (CZK Million), 2011-2015

Table 2: Czech Construction Output by Project Type (CZK Million), 2015-2020

Table 3: Czech Construction Output by Cost Type (CZK Million), 2011-2015

Table 4: Czech Construction Output by Cost Type (CZK Million), 2015-2020

Table 5: Czech Construction Output by Activity Type (CZK Million), 2011-2015

Table 6: Czech Construction Output by Activity Type (CZK Million), 2015-2020

Table 7: Czech Construction Value Add by Project Type (CZK Million), 2011-2015

Table 8: Czech Construction Value Add by Project Type (CZK Million), 2015-2020

Table 9: Czech Commercial Construction Output by Project Type (CZK Million), 2011-2015

Table 10: Czech Commercial Construction Output by Project Type (CZK Million), 2015-2020

Table 11: Czech Commercial Construction Output by Cost Type (CZK Million), 2011-2015

Table 12: Czech Commercial Construction Output by Cost Type (CZK Million), 2015-2020

Table 13: Czech Commercial Construction Output by Activity Type (CZK Million), 2011-2015

Table 14: Czech Commercial Construction Output by Activity Type (CZK Million), 2015-2020

Table 15: Czech Commercial Construction Value Add by Project Type (CZK Million), 2011-2015

Table 16: Czech Commercial Construction Value Add by Project Type (CZK Million), 2015-2020

Table 17: Czech Industrial Construction Output by Project Type (CZK Million), 2011-2015

Table 18: Czech Industrial Construction Output by Project Type (CZK Million), 2015-2020

Table 19: Czech Industrial Construction Output by Cost Type (CZK Million), 2011-2015

Table 20: Czech Industrial Construction Output by Cost Type (CZK Million), 2015-2020

Table 21: Czech Industrial Construction Output by Activity Type (CZK Million), 2011-2015

Table 22: Czech Industrial Construction Output by Activity Type (CZK Million), 2015-2020

Table 23: Czech Industrial Construction Value Add by Project Type (CZK Million), 2011-2015

Table 24: Czech Industrial Construction Value Add by Project Type (CZK Million), 2015-2020

Table 25: Czech Infrastructure Construction Output by Project Type (CZK Million), 2011-2015

Table 26: Czech Infrastructure Construction Output by Project Type (CZK Million), 2015-2020

Table 27: Czech Infrastructure Construction Output by Cost Type (CZK Million), 2011-2015

Table 28: Czech Infrastructure Construction Output by Cost Type (CZK Million), 2015-2020

Table 29: Czech Infrastructure Construction Output by Activity Type (CZK Million), 2011-2015

Table 30: Czech Infrastructure Construction Output by Activity Type (CZK Million), 2015-2020

Table 31: Czech Infrastructure Construction Value Add by Project Type (CZK Million), 2011-2015

Table 32: Czech Infrastructure Construction Value Add by Project Type (CZK Million), 2015-2020

Table 33: Czech Energy and Utilities Construction Output by Project Type (CZK Million), 2011-2015

Table 34: Czech Energy and Utilities Construction Output by Project Type (CZK Million), 2015-2020

Table 35: Czech Energy and Utilities Construction Output by Cost Type (CZK Million), 2011-2015

Table 36: Czech Energy and Utilities Construction Output by Cost Type (CZK Million), 2015-2020

Table 37: Czech Energy and Utilities Construction Output by Activity Type (CZK Million), 2011-2015

Table 38: Czech Energy and Utilities Construction Output by Activity Type (CZK Million), 2015-2020

Table 39: Czech Energy and Utilities Construction Value Add by Project Type (CZK Million), 2011-2015

Table 40: Czech Energy and Utilities Construction Value Add by Project Type (CZK Million), 2015-2020

Table 41: Czech Institutional Construction Output by Project Type (CZK Million), 2011-2015

Table 42: Czech Institutional Construction Output by Project Type (CZK Million), 2015-2020

Table 43: Czech Institutional Construction Output by Cost Type (CZK Million), 2011-2015

Table 44: Czech Institutional Construction Output by Cost Type (CZK Million), 2015-2020

Table 45: Czech Institutional Construction Output by Activity Type (CZK Million), 2011-2015

Table 46: Czech Institutional Construction Output by Activity Type (CZK Million), 2015-2020

Table 47: Czech Institutional Construction Value Add by Project Type (CZK Million), 2011-2015

Table 48: Czech Institutional Construction Value Add by Project Type (CZK Million), 2015-2020

Table 49: Czech Residential Construction Output by Project Type (CZK Million), 2011-2015

Table 50: Czech Residential Construction Output by Project Type (CZK Million), 2015-2020

Table 51: Czech Residential Construction Output by Cost Type (CZK Million), 2011-2015

Table 52: Czech Residential Construction Output by Cost Type (CZK Million), 2015-2020

Table 53: Czech Residential Construction Output by Activity Type (CZK Million), 2011-2015

Table 54: Czech Residential Construction Output by Activity Type (CZK Million), 2015-2020

Table 55: Czech Residential Construction Value Add by Project Type (CZK Million), 2011-2015

Table 56: Czech Residential Construction Value Add by Project Type (CZK Million), 2015-2020

Table 57: Eurovia, AS, Key Facts

Table 58: Eurovia, AS, Main Services

Table 59: Eurovia, AS, Key Employees

Table 60: Metrostav AS, Key Facts

Table 61: Metrostav AS, Main Services

Table 62: Metrostav AS, History

Table 63: Metrostav AS, Key Employees

Table 64: OHL ZS, AS, Key Facts

Table 65: OHL ZS, AS, Main Services

Table 66: OHL ZS, AS, History

Table 67: OHL ZS, AS, Key Employees

Table 68: VCES AS, Key Facts

Table 69: VCES AS, Main Services

Table 70: VCES AS, History

Table 71: VCES AS, Key Employees

Table 72: GEMO OLOMOUC, spol. SRO, Key Facts

Table 73: GEMO OLOMOUC, spol. SRO, Main Services

Table 74: GEMO OLOMOUC, spol. SRO, History

Table 75: GEMO OLOMOUC, spol. SRO, Key Employees

Table 76: Timetric Construction Market Definitions

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Eurovia, AS

Metrostav AS

OHL ZS, AS

VCES AS

GEMO OLOMOUC, spol. SRO

Construction, Czech Construction Industry, Commercial Construction, Institutional Construction, Industrial Construction, Infrastructure Construction, Residential Construction, Energy And Utilities Construction


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