In Cramo countries, the construction market outlook for 2017 is mainly positive. The construction market analysts Euroconstruct and Forecon estimated in December 2016 that the construction market will grow approximately 1-3 % in Finland, Sweden, Norway, Denmark and Germany in 2017. In Czech Republic, Lithuania and Russia the total construction market is not expected to grow. In Sweden, the local estimate (Sverige’s Byggindustrier) for construction growth was increased from 5 to 8% in March. According to latest estimate of the Confederation of Finnish Construction Industries in March the construction market will grow approximately 2.5 % in Finland.
European Rental Association (ERA) forecasts that the equipment rental market will grow in all of Cramo’s operating countries that are within the scope of ERA’s forecast.
