Dom Development with general contractor competences
16:37
Warsaw Stock Exchange-listed Dom Development, one of the biggest residential developers in Poland, has established a new entity within the capital group that is called Dom Development Construction and which will act as the general contractor of selected planned projects from the group’s portfolio. The newly founded company is headed by Marcin Drobek who until recently worked as a vice president at Warsaw Stock Exchange-listed builder Unibep. It will be responsible for the construction of Dom Development schemes located in the Polish capital, said Dom Development’s president Jarosław Szanajca.
Dom Development has recently announced a new strategy with regard to the way in which its projects are built, quoting the “unstable situation in the construction industry” as the reason for the change. The developer will from now on use its own resources and the experience of Gdańsk-based developer Euro Styl that is part of the capital group to build some of its schemes, rather than appoint external companies as those investments’ general contractors. The costs of construction services in Poland have been on the rise, largely due to builders’ growing problems with finding a sufficient number of qualified workers.