Business associations warn of falling profits
"Positive results are still recorded by construction companies," said Małgorzata Starczewska-Krzysztoszek of the Polish Confederation of Private Employers Lewiatan. She went on to add that this sector also is experiencing increased costs which exceed labor efficiency.
Construction companies recorded a 25 percent increase in revenues during the first six months of the year as compared to the same period of 2007.
"Enterprises operating in the wood and furniture sectors still have troubles," says Janusz Zieliński of the Business Center Club (BCC).
In this sector some 30 percent of companies were not profitable, while 20% of them had an H1 profitability rate below 2 percent. Zieliński added that companies producing machinery are also starting to witness increasing economic problems.
Source: Rzeczpospolita (A.K.)
Construction companies recorded a 25 percent increase in revenues during the first six months of the year as compared to the same period of 2007.
"Enterprises operating in the wood and furniture sectors still have troubles," says Janusz Zieliński of the Business Center Club (BCC).
In this sector some 30 percent of companies were not profitable, while 20% of them had an H1 profitability rate below 2 percent. Zieliński added that companies producing machinery are also starting to witness increasing economic problems.
Source: Rzeczpospolita (A.K.)
