Just Released: "Construction in Austria - Key Trends and Opportunities to 2017: The Austrian Construction Industry's Output Is Expected to Record a CAGR of 3.48% Between Now and 2017"
Growth in the Austrian construction industry was attributed to the expansion of the European Union (EU) in 2004 and 2007, through the integration of 12 Central and Eastern European (CEE) countries. Austria became an entry point for companies targeting the CEE markets, due to the country's developed infrastructure. As a result of this development, Austria's construction industry reported large investment in infrastructure modernization and expansion to meet the increased demand. However, the economic crisis resulted in a slowdown in the...
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