Output of Hungary's construction sector fell 5.6% year-on-year in November, MTI quotes data released by the Central Statistical Office (KSH) on Wednesday. Construction sector output declined 3.6% when adjusted for the number of workdays. Output of the buildings segment climbed 7.7%, while civil engineering output dropped 20.0%. In absolute terms, construction sector output reached HUF […]
Construction output volume, based on both raw and calendar-adjusted data surpassed in October 2025 the one year earlier level by 9.7%. Among the main construction groups the construction of buildings expanded by 14.7%, that of civil engineering increased by 3.7%, the Central Statisical Office (KSH) reports. Based on seasonally and working day adjusted indices construction […]
Construction sector orders are level with last year and show no sign of any marked expansion, although home construction could provide a boost, the head of industry association EVOSZ said at a general meeting on Wednesday. László Koji said that an EVOSZ survey showed that the revenue of 60% of construction companies declined in 2025, […]
Construction output volume, based on raw data went down by 15.2%, and according to calendar-adjusted data was below the previous year’s level by 13.6% in August 2025, the country's Central Statistical Office reports. Among the main construction groups the construction of buildings lessened by 2.3%, that of civil engineering fell by 34.8%. Based on seasonally […]
A new construction industry plant powered by solar panels and heat pump systems is being established in the southern Hungarian town of Dunavecse through a joint venture between a Hungarian and a Serbian company. The EUR 24 million project, with almost a quarter ofthe costs covered by Hungarian taxpayers through a government decision, is launched […]
Construction output volume, based on raw data, was above the previous year’s level by 2.6% and by 0.9% based on calendar-adjusted index in Hungary in June 2025. Among the main construction groups, the construction of buildings rose by 0.4%, that of civil engineering grew by 6.5%, the Central Statistical Office (KSH) reports. Based on seasonally […]
In the second quarter of 2025, the construction industry environment showed signs of mild recovery in certain segments, which is an encouraging sign for the future. However, on the markets relevant to Masterplast, no significant increase in demand was observed yet, most of the growth expected in the next quarter. As a result, the company’s […]
The building insulation materials firm Masterplast’s revenue (EUR 136 million) declined by 6.2% compared to the 2023 base due to the persistently weak industry environment, despite the successful entry into the market for Certified Energy Savings (HEM), which generated significant additional sales, the company reported on the website of the Budapest Stock Exchange this Friday. […]
In Q1 2025, 2,704 new dwellings were built, 2.7% fewer than a year earlier. The number of dwellings to be built on the basis of construction permits and simple declarations was 5,651, 25% more than in the same period of 2024, the Hungarian Central Statistical Office reports. In the first quarter of 2025, 2,704 dwellings […]
Masterplast Plc. has stabilized its financial management in the 2024 financial year, primarily by reorganizing its operational processes, increasing production efficiency and making redundancies, the company’s CEO Tibor Dávid announced at the group's investor briefing on Thursday. Speaking at the event, held at the group's headquarters in Sárszentmihály, southwest of Budapest, the CEO said the […]
CONSTRUMA – Hungary's largest and internationally recognized construction fair – has opened in the Hungarian capital. Held for the 43rd time this year, it brings together the best in the industry to learn about the latest technologies and find answers to the challenges of the future, according to the event's website. The themes cover the […]
Since spring 2019, Market Építő Plc. and its subsidiaries have completed more than EUR 367 million worth of site preparation and complete infrastructure works on 400 hectares on behalf of the City of Debrecen and the BMW Group. The construction company has informed that it had also completed the full construction of four buildings within […]
The construction industry faced a number of challenges in 2023, but market expectations suggest that even this year will not be a boom year, according to an analysis by financial portal portfolio.hu. Last year, only a third of construction companies managed to increase their turnover compared to the previous year. Nearly half of the companies […]
Within three years, the Market group will be the first in the construction industry in Hungary to switch to sustainable corporate operations, which, according to plans, will reduce direct and indirect costs by 30% within two years compared to 2019 emissions of greenhouse gases. This is revealed in the second voluntary sustainability report of the […]
