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Metrostav: Construction output to go down also in 2012

09.09.2011 - 15:39 | English news

PRAGUE (ČIA) – The current situation on the Czech construction market does not provide for a realistic assumption of any change in the trend of declining construction output in 2012 and the coming years, said Metrostav CEO Pavel Pilát. The market will rather stagnate or go further down in the long-term horizon, Pilát said in the Quarterly Analysis of Czech Construction Industry 07/2011 published by CEEC Research.

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