Veidekke's Economic Activity Report: A levelling off after three years of strong growth
After three years of clear upswing, there are now signs of a levelling off in the Scandinavian construction and civil engineering market, mainly as a result of a change of pace in the housing market in Oslo and the Stockholm region. "A slight cool down in the housing market after record growth in 2016 might be positive, from a long-term industrial perspective. The overall construction and civil engineering market in Scandinavia remains strong, despite the expected slowdown in growth in 2018 and 2019, and the outlook for the civil engineering market in particular looks bright," says