Veidekke’s Economic Activity Report: Better prospects in a more stable market
Uncertainty is decreasing in the Scandinavian residential market, and developments now indicate a more stable, but still attractive contracting and property market going forwards.After a couple of record years with unusually high activity in the Scandinavian construction and civil engineering industry, growth has levelled off and the market now appears to be stabilising at a high level. Veidekke expects annual growth of 2% in the Scandinavian construction and civil engineering market towards 2020. “Demand in the Scandinavian contracting market in general is good, and several parts of