Veidekke: New uncertainties in otherwise strong Scandinavian construction markets
Growth in the Scandinavian construction markets is strong and thus far in line with Veidekke’s positive forecasts from last autumn. However, the war in Ukraine is casting substantial uncertainty over future contracting market developments.On the back of a record industry order intake at the end of 2021, particularly in Sweden, activity levels were recovering at the start of 2022. “Following start-up of many projects last year, Veidekke expects construction production to be high in 2022. We anticipate growth in the Swedish building sector and the Norwegian transport infrastructure sector,”