statistical overview of the construction sector … · statistical overview of the construction ......

C&USD of CCE 0

STATISTICAL OVERVIEW OF THE CONSTRUCTION SECTOR I-VI 2017

January – June 2017 Overview of the Basic Statistical Data in the Construction Sector According

to the Croatian Bureau of Statistics (DZS) & Financial Agency (FINA)

I-VI

2017

Construction & Utility Services Department CCE

I-VI 2017

C&USD of CCE 1

CROATIAN CHAMBER OF ECONOMY

CONSTRUCTION AND UTILITY SERVICES DEPARTMENT CONSTRUCTION DEPARTMENT

Overview of Basic Statistical Data in the Construction Sector of the RC

PERIOD: JANUARY-JUNE 2017

January, 2018

C&USD of CCE 2

CONTENT:

Value of works, number of employees and productivity ................................................. 3

Value of Works, Number of Employees and Productivity up to the year 2017 ...............................3

TABULAR PRESENTATION: VALUE OF WORKS, EMPLOYEES, PRODUCTIVITY .................................................................... 3 GRAPHICAL PRESENTATION: VALUE OF WORKS, NUMBER OF EMPLOYEES, PRODUCTIVITY ................................................... 4 GRAPHICAL PRESENTATION: SHARE OF CONSTRUCTION WORKS IN THE GDP AND GVA IN THE LAST DECADE ............................. 4

Comparison of a Total Revenue in the Previous Period .............................................................4

GRAPHICAL PRESENTATION: TOTAL REVENUES IN THE LAST DECADE ........................................................................... 4

Value of Works Done in the First Half of 2017 ........................................................................ 5

TABULAR PRESENTATION: VALUE OF CONSTRUCTION WORKS DONE ............................................................................ 5 GRAPHICAL PRESENTATION: VALUE OF CONSTRUCTION WORKS DONE IN THE LAST DECADE ................................................ 6 TABULAR PRESENTATION: INDICES OF CONSTRUCTION WORKS ON TERRITORY OF RC, Value of construction works ..................... 6 GRAPHICAL PRESENTATION: COMPOSITION OF VALUE OF CONSTRUCTION WORKS DONE BY TYPES OF CONSTRUCTION ................ 6

Value of New Commissions in the First Half of 2017 ................................................................ 8

TABULAR PRESENTATION: NEW COMMISSIONS OF CONSTRUCTION WORKS 2012.-2016. ...................................................... 8 TABULAR PRESENTATION: INDICES OF CONSTRUCTION WORKS ON TERRITORY OF RC, Value of New Commissions ...................... 8 GRAPHICAL PRESENTATION: VALUE OF NEW COMMISSIONS IN CONSTRUCTION OF THE RC IN THE LAST DECADE ........................ 9

Number of Companies, Number of Employees and Productivity in Construction Sector in 2016 ......... 9

TABULAR PRESENTATION: TEN LARGEST CONSTRUCTION COMPANIES BY TOTAL REVENUE IN 2015 ........................................ 9

Volume of Construction Works .............................................................................. 10

Volume of Construction Works in the First Half of 2017 ........................................................ 10

TABULAR PRESENTATION: INDICES OF CONSTRUCTION WORKS ON TERRITORY OF RC, Volume of Construction Works ................ 11 TABULAR PRESENTATION: COMPOSITION OF HOURS WORKED BY TYPE OF BUILDINGS AND WORKS IN 2016 ............................ 11 GRAPHICAL PRESENTATION: COMPOSITION OF HOURS WORKED BY TYPE OF BUILDINGS AND WORKS, 2016 ............................ 11 GRAPHICAL PRESENTATION: VOLUME INDICES OF CONSTRUCTION WORKS ................................................................... 11

Issued Building Approvals – Building Permits ............................................................. 11

Building Permits Issued in the First Half of 2017 ................................................................. 11

TABULAR PRESENTATION: BUILDING PERMITS ISSUED, PLANNED VALUE OF WORKS, BY TYPES OF CONSTRUCTIONS AND WORKS ... 11 TABULAR PRESENTATION: INDICES OF CONSTRUCTION WORKS ON TERRITORY OF RC, Permits Issued / Expected Value of Works . 11 GRAPHICAL PRESENTATION: COMPOSITION OF NUMBERS OF PERMITS ISSUED & PLANNED VALUE OF WORKS BY TYPE OF CONSTR. 12

Residential Building ........................................................................................... 12

Residential Building in 2016 ............................................................................................. 12

Residential Building by the year 2016 ................................................................................ 13

TABULAR PRESENTATION OF RESIDENTIAL BUILDING, 1992 – 2016 ............................................................................ 13 TABULAR PRESENTATION: COMPARATIVE OVERVIEW OF RESIDENTIAL BUILDING, 2008 – 2015 ............................................ 13 GRAPHICAL PRESENTATION: NUMBER AND USEFUL FLOOR AREA OF RESIDENCES IN BUILDINGS FOR WHICH PERMITS ARE ISSUED ... 13

Prices of New Dwellings ................................................................................................... 14

TABULAR PRESENTATION: AVERAGE PRICES OF NEW RESIDENCES SOLD, 2013–VI 2017 ..................................................... 14 TABULAR PRESENTATION: INDICES OF CONSTRUCTION WORKS VI 2006-VI 2017 ............................................................. 14 GRAPHICAL PRESENTATION: THE AVERAGE PRICES OF RESIDENCES I 2006-2016 ............................................................ 14 GRAPHICAL PRESENTATION: FORECAST OF THE AVERAGE PRICE OF RESIDENCES ........................................................... 15

Number of Companies in the RC & Construction Sector ............................................... 15

Number of Construction Companies in the RC in the First Half of 2017 ..................................... 15

TABULAR PRESENTATIONS: STRUCTURE OF BUSINESS ENTITIES BY ACTIVITY, VI 2011 – VI 2017 .......................................... 15 GRAPHICAL PRESENTATION: ACTIVE COMPANIES IN THE RC ECONOMY AND CONSTRUCTION SECTOR .................................... 16 TABULAR PRESENTATIONS: STRUCTURE OF ACTIVE LEGAL ENTITIES BY THE TYPE OF OWNERSHIP ....................................... 17 TABULAR PRESENTATIONS: ACTIVE LEGAL ENTITIES ACCORDING TO THE NUMBER OF EMPLOYEES ....................................... 18 TABULAR PRESENTATION: CREATING, DELETING AND HARMONISING OF REGISTERED LEGAL ENTITIES ................................... 19

Number of Persons in Paid Employment in Legal Entities ............................................. 19

Number of Persons in Paid Employment in Construction Sector in the First Half of 2017 ............... 19

TABULAR PRESENTATION: INDICES OF CHANGE IN NUMBER OF PERSONS IN PAID EMPLOYMENT IN LEGAL ENTITIES .................... 20 TABULAR PRESENTATION: STRUCTURE OF THE NUMBER OF PERSONS IN PAID EMPLOYMENT IN LEGAL ENTITIES ....................... 20 GRAPHICAL PRESENTATION: TOTAL NUMBER OF PERSONS EMPLOYED IN TRADE COMPANIES AND IN CRAFTS ........................... 20 GRAPHICAL PRESENTATION: NUMBER OF EMPLOYEES IN TRADE COMPANIES IN CONSTRUCTION SECTOR OF THE RC .................. 21 GRAPHICAL PRESENTATION: NUMBER OF EMPLOYEES IN CRAFTS & TRADES IN CONSTRUCTION SECTOR OF THE RC ................... 21 GRAPHICAL PRESENTATION: NUMBER OF PERSONS IN PAID EMPLOYMENT IN LEGAL ENTITIES, VI 2016-VI 2017 ........................ 21

Paid off Earnings in the RC economy and construction sector ........................................ 22

Earnings in legal entities in the RC economy and construction sector in the First Half of 2017 ....... 22

GRAPHICAL PRESENTATION: AVERAGE MONTHLY NET AND GROSS EARNINGS OF PERSONS IN PAID EMPLOYMENT, VI 2017... ........ 22

Exports of Construction Works & Services ............................................................... 23

Construction Sector Exports till 2016 .................................................................................. 23

TABULAR PRESENTATION: EXPORTS OF CONSTRUCTION WORKS & SERVICES 2000 – 2015.................................................. 23 GRAPHICAL PRESENTATION: OVERVIEW OF THE EXPORTS OF CONSTRUCTION WORKS & SERVICES, 2010 – 2015 ...................... 23

General note, Notes 1-3 ................................................................................................................ 23

C&USD of CCE 3

Value of works, Number of Employees and Productivity

Value of Works, Number of Employees and Productivity by the Year 2017

VALUE OF WORKS, EMPLOYEES, PRODUCTIVITY

PERIOD: 2003- VI 2017

Year

Total

Income %

Value of

Works %

Value of

Works % GDP

% in

GDP

Active

Comp. % Employees %

Prod. /

Empl. %

mil. HRK

.000 HRK .000 € mil. HRK % €

2003 37.443 100% 19.460.121 100% 2.572.644 100% 228.932 5,9 5.979 100% 80.089 100% 32.122 100%

2004 41.327 110% 20.484.338 105% 2.732.819 106% 247.428 6,4 6.416 107% 84.642 106% 32.287 101%

2005 44.560 119% 21.857.031 112% 2.953.634 115% 266.652 6,6 7.159 120% 89.524 112% 32.993 103%

2006 53.351 142% 28.298.139 145% 3.864.362 150% 291.044 6,8 8.084 135% 95.249 119% 40.571 126%

2007 57.951 155% 29.773.626 153% 4.058.554 158% 318.308 6,9 9.063 152% 104.142 130% 38.971 121%

2008 69.230 185% 34.915.314 179% 4.833.788 188% 342.159 7,2 11.244 188% 108.260 135% 44.650 139%

2009 58.462 156% 30.714.772 158% 4.197.534 163% 328.672 6,9 15.090 252% 97.503 122% 43.050 134%

2010 47.713 127% 22.808.572 117% 3.107.624 121% 323.807 5,8 15.781 264% 91.052 114% 34.130 106%

2011 44.820 120% 20.821.802 107% 2.800.811 109% 328.737 5,3 14.784 247% 83.607 104% 33.500 104%

2012 40.104 107% 19.226.934 99% 2.557.678 99% 327.021 4,7 15.497 259% 78.579 98% 32.549 122%

2013 39.736 106% 18.950.827 97% 2.502.239 97% 330.135 4,5 16.815 281% 73.832 92% 33.891 127%

2014 41.598 111% 17.527.688 90% 2.297.203 89% 328.927 4,3 17.947 300% 72.028 90% 31.893 119%

2015 40.311 108% 19.152.159 98% 2.516.841 98% 334.219 5,00 19.240 322% 68.676 86% 36.648 137%

2016 42.623 114% 19.870.379 102% 2.639.045 103% 343.195 5,13 12.990 217% 68.653 76% 38.440 144%

I-VI/2012 - - 8.516.952 - 1.132.974 - - - 15.098 - 78.125 - 14.502 -

I-VI/2013 - - 8.745.978 - 1.154.806 - - - 16.110 - 73.224 - 15.771 -

I-VI/2014 - - 8.074.235 - 1.058.220 - - - 17.372 - 68.895 - 15.360 -

I-VI/2015 - - 8.652.738 - 1.137.082 - - - 18.610 - 69.992 - 16.246 -

I-VI/2016 - - 9.220.032 - 1.224.540 - - - 13.063 - 69.420 - 17.640 -

I-VI/2017 - - 9.324.743 - 1.243.299 - - - 13.852 67.307 18.472 -

More: 1% More: 2% More: 6,04% Less: 15,96% Less: 4,72%

Source: CBS, FINA; Data processed, compiled & graphically created by C&USD of CCE Note: The expressed values are calculated on the basis of the CNB's foreign currency exchange rate pair

VALUE OF WORKS, NUMBER OF EMPLOYEES, PRODUCTIVITY

Source: CBS, FINA; Data processed, compiled & graphically created by C&USD of CCE

0

50

100

150

200

250

300

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Per

cen

tag

e %

Year

Value of Works

Number ofCompanies

GDP

Share in GDP

Number ofemployees

Productivity

C&USD of CCE 4

Source: CBS,; Data processed, compiled & graphically created by C&USD of CCE

Comparison of a Total Revenue in the Previous Period

FINA (Financial Agency)’s data show that the total construction income in 2016, compared to the total construction income in 2015 (HRK 40,311,389,776), has increased by 5.73% to HRK 42,622,903.671. According to the same source, the total construction income in relation to the pre-crisis year 2008, was decreased by 38,43% (HRK 69.230.000.000). Out of this total, the micro companies realized HRK 9,388,191,757, small companies earned HRK 12,334,024,608, medium-high HRK 10,277,864,946, while large companies realized HRK 10,622,822,360 in revenue.

Source: CBS; Data processed, compiled & graphically created by C&USD of CCE

0,0

1,0

2,0

3,0

4,0

5,0

6,0

7,0

8,0

9,0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

SHARE OF CONSTRUCTION WORKS IN THE GDP AND GVA IN THE LAST DECADE

Sharein GDP

Sharein GVA

%

54.13257.951

72.586

61.376

50.04546.877

42.130 41.426 41.006 40.311 42.622

0

10.000

20.000

30.000

40.000

50.000

60.000

70.000

80.000

2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014 2015. 2016.

TOTAL REVENUE IN THE LAST DECADE, 2006 - 2016

Total revenue (mil. HRK)

mil.

HR

K

C&USD of CCE 5

Value of works done in the first half of 2017

The value of works done in the first half (January-June) of 2017 amounts to HRK 9,324,743,000 (€ 1,243,299,600), up by 4.2% compared to the same period of 2016 (HRK 9,220,032,000).

Looking at the quarter periods, the value of works done in the second quarter of 2017 was 3.0% higher than in the same period of 2016. The value of works done in the second quarter of 2017 was 36.9% higher than in the whole of 2016. 48.8% refers to construction of buildings and 51.2% to other constructions.

VALUE OF CONSTRUCTION WORKS DONE, 2012 – VI 2017 PERIOD: JANUARY-JUNE 2012

.000 HRK Value of construction works done Value of building material,

complete units and structures and propulsion material used Total Works done by company

employees Works done by sub-contractors

I – III 2012 3,445,015 2,392,400 1,052,615 957,284 IV – VI 2012 5,071,937 3,651,476 1,420,461 1,548,720 I – VI 2012 8,516,952 6,043,876 2,473,076 2,506,004

Source: CBS, First Release, Completed Construction Works and Commissions III-VI 2012, Nr.3.1.2/2, 20th September 2012; Data processed by C&USD of CCE

PERIOD: JANUARY-JUNE 2013 .000 HRK

Value of construction works done Value of building material, complete units and structures and propulsion material used Total Works done by company


I – III 2013 3,547,859 2,536,821 1,011,038 943,953

IV – VI 2013 5,198,119 3,746,334 1,451,785 1,423,087

I – VI 2013 8,745,978 6,283,155 2,462,823 2,367,040

Source: CBS, First Release, Completed Construction Works and Commissions III-VI 2013, Nr.3.1.2/2, 20th September 2013.; Data processed by C&USD of CCE


Value of construction works done Value of building material, complete units and structures and propulsion material used

Total Works done by company


I – III 2014 3,408,384 2,342,769 1,065,615 847,096

IV – VI 2014 4,665,851 3,271,078 1,394,773 1,226,493

I – VI 2014 8,074,235 5,613,847 2,460,388 2,073,589



Value of construction works done Value of building material,

complete units and structures and propulsion material used

Total Works done by company


I – III 2015 3,538,808 2,562,980 975,828 934,017

IV – VI 2015 5,113,930 3,541,528 1,572,402 1,351,843

I – VI 2015 8,652,738 6,104,508 2,548,230 2,285,860

Source: CBS, First Release, Completed Construction Works and Commissions, III-VI 2015, Nr.3.1.2/2, 20th September 2015; Data processed by C&USD of CCE



complete units and structures

and propulsion material used Total

Works done by company employees

Works done by

sub-contractors

I – III 2016 3,978,525 2,712,842 1,265,683 869,550 IV – VI 2016 5,241,507 3,683,737 1,557,770 1,245,724 I – VI 2016 9,220,032 6,396,579 2,823,453 2,115,274




complete units and structures

and propulsion material used Total

Works done by company employees

Works done by

sub-contractors

I – III 2017 4,103,493 2,870,412 1,233,081 835,092 IV – VI 2017 5,221,250 3,794,575 1,426,675 1,217,487 I – VI 2017 9,324,743 6,664,987 2,659,756 2,052,579


C&USD of CCE 6

Source: CBS, FINA; Data processed, compiled & graphically created by C&USD of CCE

INDICES OF CONSTRUCTION WORKS IN THE RC, Works done

I – VI 2014 I – VI 2013

I – VI 2015 I – VI 2014

I – VI 2016 I – VI 2015

IV – VI 2017 I – III 2017

IV-VI 2017 IV-VI 2016

I – VI 2017 I – VI 2016

I – VI 2017 Φ 2016

Value of

construction

works done

103.6 104.8 101.7 132.2 103.0 104.2 108.2

Source: CBS, First Release; Data processed by C&USD of CCE

COMPOSITION OF VALUE OF THE WORKS DONE, BY TYPES OF WORKS


Composition of value of construction works done, by types of works, %

Total New constructions Other works1)

I – VI 2014

Total 100.0 50.7 49.3

On buildings 43.4 26.2 17.2

On civil engineering works 56.6 24.5 32.1

Source: CBS, First Release, Completed Construction Works and Commissions I-VI 2014, Nr.3.1.2/2, 14th September 2014; Data processed by C&USD of CCE 1) Reconstruction, repairs and maintenance of existing buildings


Composition of value of construction works done, by types of works, % Total New constructions Other works1)

I – VI 2015

Total 100.0 56.9 43.1



Source: CBS, First Release, Completed Construction Works and Commissions I-VI 2015, Nr.3.1.2/2, 14th September 2015; Data processed by C&USD of CCE 1) Reconstruction, repairs and maintenance of existing buildings

€ 3.312.308

€ 4.833.788

€ 4.184.828

€ 3.130.367

€ 2.800.811

€ 2.557.678

€ 2.502.239

€ 2.297.203

€ 2.516.841 € 2.639.045

€ 2.504.078

0

1.000.000

2.000.000

3.000.000

4.000.000

5.000.000

6.000.000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 I-VI 2017

VALUE OF CONSTRUCTION WORKS IN THE RC, LAST DECADE

Value of Works …

€

Year

C&USD of CCE 7




I – VI 2016

Total 100.0 58.7 41.3



Source: CBS, First Release, Completed Construction Works and Commissions I-VI 2016., br.3.1.2/2, 14.09.2016.; Data processed by C&USD of CCE 1) Reconstruction, repairs and maintenance of existing buildings




I – VI 2017

Total 100.0 55.8 44.2



Source: CBS, First Release, Completed Construction Works and Commissions I-VI 2017., br.3.1.2/2, 08.09.2017.; Data processed by C&USD of CCE 1)..Reconstruction, repairs and maintenance of existing buildings

COMPOSITION OF THE WORKS DONE BY TYPES OF CONSTRUCTIONS


Source: CBS, First Release, Completed Construction Works and Commissions III-VI 2017., br.3.1.2/2, 08.09.2017.; Processing: CUSD CCE

THE WORKS DONE BY TYPES OF CONSTRUCTIONS

2015 / 2016

Source: CBS, First Release; Processing: CUSD CCE

Transport infrastructure

31,0%

Other civil engineering works

1,8%

Pipelines, communication and

electicity lines16,4%

Complex constructions on

industial sites2,0%

Non-residential buildings35,7%

Residential buildings13,1%

C&USD of CCE 8

Value of New Commissions in the First Half of 2017

The value of new Commissions in the first half of the year (January-June) 2017 amounted to HRK 8,441,456,000 (€ 1,125,527,000) and was by 17.4% higher compared to the same period of 2016. As a result of quarterly trends, the value of new Commissions increased by 12.2% in the second quarter of 2017 than in the same period of 2016. Out of this, 53.8% refers to the construction of buildings and 46.2% refers to other constructions.

NEW COMMISSIONS OF CONSTRUCTION WORKS PERIOD: JANUARY-JUNE 2014

.000 HRK

Value of new Commissions Value of new Commissions, by types of constructions

Buildings Civil engineering works

I – III 2014 3,004,826 1,463,855 1,540,971

IV – VI 2014 3,260,150 1,418,159 1,841,991

I – VI 2014 6,264,976 2,882,014 3,382,962

Source: CBS, First Release, Completed Construction Works and Commissions III-VI 2014, Nr.3.1.2/2, 15th September 2014; Data processed by C&USD of CCE


Value of new Commissions Value of new Commissions, by types of constructions


I – III 2015 3,407,331 1,273,536 2,133,795

IV – VI 2015 3,084,257 1,522,327 1,561,930

I – VI 2015 6,491,588 2,795,863 3,695,725



Value of new Commissions

Value of new Commissions, by types of constructions


I – III 2016 3,239,257 1,594,145 1,645,112

IV – VI 2016 3,948,409 1,607,846 2,340,563

I – VI 2016 7,187,666 3,201,991 3,985,675

Source: CBS, First Release, Completed Construction Works and Commissions III-VI 2016, Nr.3.1.2/2, 14th September 2016; Processing: CUSD CCE



Value of new Commissions, by types of constructions


I – III 2017 4,010,041 2,075,667 1,934,374

IV – VI 2017 4,431,415 2,463,337 1,968,078

I – VI 2017 8,441,456 4,539,004 3,902,452

Source: CBS, First Release, Completed Construction Works and Commissions III-VII 2017, Nr.3.1.2/7, 8th September 2017; Data processed by C&USD of CCE

CONSTRUCTION WORKS INDICES IN THE RC, New Commissions


I – VI 2014 I – VI 2013

I – VI 2015 I – VI 2014

I – VI 2016 I – VI 2015

IV – VI 2017 I – III 2017

IV – VI 2017 Φ 2016

IV – VI 2017 IV – VI 2016

I – VI 2017 I – VI 2016


97.5 103.6 110.7 110.5 110.9 112.2 117.4

Source: CBS, First Release, Completed Construction Works and Commissions III-VI 2013, Nr.3.1.2/2, 20th September 2013; First Release, Completed Construction Works and Commissions III-VI 2014, Nr.3.1.2-2, 15th September 2014; First Release, Completed Construction Works and Commissions III-VI 2015, Nr.3.1.2/2, 14th September 2015; First Release, Completed Construction Works and Commissions III-VI 2016, Nr.3.1.2/2, 14th September 2016; First Release, Completed Construction Works and Commissions I-VI 2017, Nr.3.1.2/2, 8th September 2017; Data processed by C&USD of CCE

C&USD of CCE 9

Source: CBS, First Releases; Data processed, compiled & graphically created by C&USD of CCE

Number of companies, number of employees, productivity in the first half of 2017

For several years the trend of a growing number of small construction companies has continued, while the number of large and medium-sized companies has decreased. Regarding the activities of business entities, the number of active companies in the first half of 2017 has increased by 6%, compared to the same period of 2016.

According to CBS data, the number of employees in the construction sector has fallen by 3.2% in June 2017 compared to June 2016. Compared to June 2015, the total number in construction has decreased by 1.8%.

TEN BIGGEST CONSTRUCTION COMPANIES ACCORDING TO THEIR TOTAL REVENUES

Nr. Company name Residence

1. DALEKOVOD d.d. Zagreb

2. KAMGRAD d.o.o. Zagreb

3. TEHNIKA d.d. Zagreb

4. GP KRK d.d. Krk

5. ZAGREB MONTAŽA d.o.o. Zagreb

6. STRABAG d.o.o. Zagreb

7. GRADNJA d.o.o. OSIJEK Osijek

8. OSIJEK KOTEKS d.o.o. Osijek

9. ING-GRAD d.o.o. Zagreb

10. RADNIK d.d. Križevci Note: HAC, ARZ and HC are public enterprises responsible for the management, construction and maintenance of state roads / motorways. They are in the majority state ownership, so in that sense are not "classic" entrepreneurs - therefore they are not included in this overview; Source: Fina; Data processed & compiled by C&USD of CCE

16.487.127.000

19.576.912.00021.997.722.000

27.719.440.000

26.249.028.000

22.688.705.000

14.838.165.000

15.798.181.000

14.471.350.000

13.606.130.000

13.722.559.000

13.898.246.000

15.983.834.000

16.882.912.000

0 5.000.000.000 10.000.000.000 15.000.000.000 20.000.000.000 25.000.000.000 30.000.000.000

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

I-VI 2017

VALUE OF NEW COMMISSIONS IN CONSTRUCTION SECTOR OF THE RC IN THE LAST DECADE

Value of new orders

C&USD of CCE 10

Physical Volume of Construction Works

Looking at developments at a cumulative level, the construction works in the period from January to June 2017 have increased by 1.7% compared to the period from January to June 2016. Construction works in June 2017 compared to June 2016 are higher for 2.3%. According to seasonally adjusted and calendar-adjusted indices, the volume of construction works in June 2017 compared to May 2017 is higher by 0.1%.

In the structure of the hours worked on construction sites, there is a slightly lower share of works on buildings (49%) than works on other constructions (51%). At the same time, more than half of the construction works were carried out on new buildings (54.8%) and on reconstructions, repairs and maintenance (45.2%).

VOLUME INDICES OF CONSTRUCTION WORKS IN THE RC (gross indices), Works Done

I – VI 2014

I – VI 2013 I – VI 2015 I – VI 2014

I – VI 2016

I – VI 2015

I – VI 2016

I. – VI 2015 IV – VI 2017 I – III 2017

IV – VI 2017

IV – VI 2016

I – VI 2017

I – VI 2016

Value of works done 89.3 108.7 104.1 104.1 99.5 101.4 101.7

Source: CBS, First Releases, Completed Construction Works and Commissions III-VI; Data processed by C&USD of CCE

QUARTER-ON-QUARTER INDICES OF PHYSICAL VOLUME OF CONSTRUCTION WORKS

2010 = 100

Total On Buildings On civil engineering works

Gross

indices

Working-day

adjusted

indices

Deseasonised

indices

Trend indices

Gross

indices

Working-day

adjusted

indices

Deseasonised

indices

Trend indices

Gross

indices

Working-day

adjusted

indices

Deseasonised

indices

Trend indices

2015 VII – IX 69.4 68.8 68.0 67.9 59.4 59.1 60.6 61.2 79.9 79.4 76.1 75,5

X – XII 68.5 67.5 67.6 67.9 62.3 61.7 62.9 62.9 75.1 74.3 72.7 74,0

2016 I – III 66.4 66.4 69.4 68.8 66.4 66.6 65.9 64.8 66.5 66.8 73.7 73,4

IV – VI 73.1 72.0 69.6 69.4 69.5 68.4 65.9 66.0 76.9 75.5 73.2 73,1

VII – IX 69.8 70.1 69.5 69.7 64.8 65.0 66.8 66.7 75.1 75.3 72.3 72,7

X – XII 70.2 70.0 70.3 70.2 65.9 65.8 67.4 67.6 74.7 74.6 73.2 73,0

2017 I – III 68.8 68.1 70.8 70.7 70.7 70.1 69.0 68.9 66.9 66.3 72.9 72,7

IV – VI 73.1 72.9 70.5 70.5 72.8 72.8 70.1 70.1 73.4 73.5 71.3 71,5

Source: CBS, First Release, Completed Construction Works and Commissions VI 2017, Nr. 3.1.1/6, 31th August 2017; Data processed by C&USD of CCE

GRAPHIC OVERVIEW – BREAKDOWN OF HOURS WORKED IN CITIES, BY TYPES OF CONSTRUCTIONS AND WORKS

JUNE 2017

Source: CBS, First Release, Construction Work Indices XII 2017., Nr. 3.1.1/12, 31st August.2017; Data processed by C&USD of CCE

32,4%

16,0%29,6%

22,0%Buildings -New buildings

Buildings -Other civil engineering works

Other constructions -New constructions

Other constructions -Other civil engineeringworks

C&USD of CCE 11

BREAKDOWN OF HOURS WORKED ON CONSTRUCTION SITES, BY TYPE OF CONSTRUCTIONS AND WORKS

%

VI 2017 I – VI 2017

Total New buildings Other works Total New buildings Other works

Total:

100,0 54,4 45,6 100,0 54,8 45,2

On buildings 48,4 32,4 16,0 49,0 31,7 17,3

On civil engineering works

51,6 22,0 29,6 51,0 23,1 27,9


VOLUME INDICES OF CONSTRUCTION WORKS

PERIOD: JANUARY 2012- JUNE 2017


Issued Approvals for Construction- Building Permits

In June 2016, 736 building permits were issued, which is 17.1% higher than June 2016. The total number of building permits issued in January-June period of 2017 is 4,629 and in comparison with the same period of 2016 this is higher by 31.5%.

In June 2017, according to the type of construction, 82.6% of the permits were issued for buildings and 17.4% for other civil engineering works. According to the types of construction, 70.5% of the permits were issued for new buildings and 29.5% for reconstruction. According to the issued building permits in June 2017, it is planned to build 737 apartments of an average surface area of 104.9 m².

BUILDING PERMITS ISSUED AND THE VALUE OF WORKS, BY TYPE OF BUILDINGS AND WORKS

JUNE 2017

Type of construction

Number of permits by the type of construction Expected value of works ( .000 HRK) Dwellings

Total Buildings Other civil

engineering works

Total Buildings Other civil

engineering works

Number Useful area, m2

VI 2017

Total 736 608 128 1,822,999 923,073 899,926 737 77,298

C&USD of CCE 12

New buidings 519 431 88 1,027,174 663,091 364,083 628 66,967

Reconstructions 217 177 40 795,825 259,982 535,843 1091) 10,3311

I – VI 2017

Total 4,629 3,821 808 13,060,705 9,325,755 3,734,950 5,685 534,697

New buidings 3,214 2,615 599 8,491,250 6,194,178 2,297,072 5,038 478,088

Reconstructions 1,415 1,206 209 4,569,455 3,131,577 1,437,878 6471) 56,6091)

1) Residencesgot by conversions from non-residential area into a dwelling Sourec: CBS, First release, Building Permits Issued in June 2017, Nr.3.1.4-6, 12th August 2015, Data processed & compiled by C&USD of CCE

ISSUED PERMITS INDICES BY TYPE OF CONSTRUCTION

JUNE 2017

Buildings Civil engineering works Dwellings

Number Expected value of

works Floor area Volume Number

Expected value of works

Number Area

VI 2017 V 2017

85.9 54.3 51.2 39.8 83.7 122.2 69.9 80.2

VI 2017 VI 2016

117.1 82.1 73.4 65.4 109.4 171.4 118.7 1291

VI 2017 Ø 2016

113.7 72.4 72.8 67.4 96.0 134.7 94.1 107.9

I – VI 2017 I – VI 2016

131.5 161.6 136.3 132.7 112.4 126.6 141.9 143.7

Sourec: CBS, First release, Building Permits Issued in June 2017, Nr.3.1.4-6, 12th August 2015, Data processed & compiled by C&USD of CCE

Residential Building

Residential Building in 2016

According to the CBS data, in the year 2016 a total of 7,809 new residences were completed, which is by 3.1% more than in 2015 with an average useful floor area of 94.8 m2. The number of residences is 69.5% lower than in 2007.

According to the type of works, the prevailing number of residences (89.4%) was built

in new buildings, 10.0% by upgrading / upgrading of existing buildings, and only 0.6% by converting the non-residential space into a dwelling.

C&USD of CCE 13

Residential Building By The Year 2016

RESIDENTIAL BUILDING PERIOD 1992 - 2016

Year COMPLETED RESIDENCES Total floor area (.000 m2) Average floor area (m2) Average price (HRK)

1992 7,767 623 79.2 4,012

1993 8,343 716 81.2 4,053

1994 9,710 840 83.7 5,733

1995 7,542 636 84.3 6,581

1996 12,910 1.063 82.3 7,041

1997 12,854 1,046 81.4 7,272

1998 12,863 1,057 82.2 7,520

1999 12,522 1,061 84.7 9,004

2000 17,487 1,397 79.9 8,668

2001 12,862 1,098 85.4 8,306

2002 18,047 1,439 79.7 8,366

2003 18,460 1,529 82.8 8,589

2004 18,763 1,568 83.6 8,978

2005 19,995 1,701 85.1 8,912

2006 22,121 1,849 83.6 8,939

2007 25,609 2,075 81.0 11,252

2008 25,368 2,037 80.3 12,095

2009 18,740 1,563 83.4 11,944

2010 14,972 1,324 88.4 10,971

2011 12,390 1,120 90.4 11,764

2012 11,792 191 67.8 11,570

2013 10,090 176 64.9 10,426

2014 7,805 739 94.7 10,524

2015 8,059 733 91.0 10,688

2016 7,809 740 92.0 10,034

Source: CBS-Statistical Yearbooks, CBS Announcements: Construction Works Done I-XII, CBS Announcements: Prices of New ResidencesSold I-VI; Data processed & compiled by C&USD of CCE

COMPARATIVE OVERVIEW OF THE RESIDENTIAL BUILDING Comparison 2008 – 2016

Year 2008 2009 2010 2011 2012 2013 2014 2015 2016

Finished residences

25,368 18,740 14,972 12,390 11,792 10,090 7,805 8,059 9,398

Total area (.ooo m2)

2,037 1,563 1,324 1,120 191 176 739 733 860

Average residential area

(m2) 80.3 83.4 88.4 90.4 67.8 64.9 94.7 91.0 92.0

Average price (HRK)

12,095 11,944 10,971 11,764 11,570 10,426 10,524 10,688 10,179

Source: CBS-Statistical Yearbooks, CBS Announcements: Construction Works Done I-XII, CBS Announcements: Prices of New ResidencesSold I-VI; Data processed & compiled by C&USD of CCE

C&USD of CCE 14

Prices of New Residences

According to the latest available CBS data, the average price of new apartments per 1 m2 in the first half of 2017 was HRK 10,338, or by 4.4% higher than in the second half of 2016, i.e. by 3.3% less than in the whole of 2015., 1.8% lower than in 2013, and lower by 14.5% (HRK 12,095) compared to 2008.

AVERAGE PRICES OF NEW RESIDENCES SOLD

PERIOD: 2013 – VI 2017 m2

Trade companies and

other legal entities

2013 2014 2015 2016 2017

I – XII I – XII I – XII I – VI VII – XII I – XII I – VI

The Republic of Croatia

10,426 10,524 10,688 10,179 9,899 10,034 10,338

City of Zagreb

11,104 11,958 11,797 11,184 9,926 10,445 11,656

Other settlements

9,486 9,280 9,617 9,361 9,860 9,582 9,515

Source: CBS Announcement, Prices of New ResidencesSold in the First Half of 2016, Nr.: 3.1.5/1, 19th September 2017; Data processed & compiled by C & USD of CCE

PRICE INDICES OF NEW RESIDENCES SOLD

PERIOD: I–VI 2016 - I–VI 2017

Trade companies and other legal entities

Indices

I - VI 2017

VII – XII 2016

I – VI 2017

I – VI 2016

I – VI 2017

I – XII 2016

The Republic of Croatia 104.4 101.6 103.0

City of Zagreb 117.4 104.2 111.6

Other settlements 96.5 101.6 99.3

Source: CBS Announcement, Prices of New ResidencesSold in the First Half of 2016, Nr.: 3.1.5/1, 19th September 2017; Data processed & compiled by C & USD of CCE

AVERAGE PRICES OF NEW RESIDENCES SOLD PER 1 m2

PERIOD: 2006 – 2016

Source: CBS-Statistical Yearbooks, CBS Announcements: Prices of New ResidencesSold; Data processed, compiled & graphically created by C&USD of CCE

8.912 8.939

11.252

12.095 11.944

10.971

11.764 11.570

10.524 10.68810.034

0

2.000

4.000

6.000

8.000

10.000

12.000

14.000

2006 2007 2008 2009 2010 2011 2012. 2013 2014 2015 2016

HRK

Average price Linear (Average price)

C&USD of CCE 15

FORECAST OF AVERAGE RESIDENCE PRICES IN THE RC

Izvor: Fina; Data processed by C&USD of CCE

Number of Companies in Economy and Construction

Number of Construction Companies in the RC in the First Half of 2017

The comparison of the total number of legal entities in the Croatian economy on 30th of June 2016 remained the same due to the same date in 2015, while construction industry has increased the number of legal entities by 6% (from 22.942 to 24.439). There are about 6% more active companies (increase from 13,063 to 13,852).

In terms of the structure of activities of the entities in crafts and free professions in the construction (7,583) at the end of June 2017 was 1.6% lower than at the end of June 2016 (7706).

The comparison of the number of legal entities in the Register of the CBS, in relation to the number of active legal entities in administrative registers, shows that the share of active legal persons in the economy of the Republic of Croatia is 58%, slightly less in construction (56.7%).

REVIEW OF BUSINESS ENTITIES, STRUCTURE BY ACTIVITIES - NKD 2007. SITUATION ON 30th JUNE 2011

Legal entities Active legal entities Crafts and free

professions Registered

Structure of registered

Active Structure of

active Profit Non-profit

Total economy 279,740 100 124,050 100 107,535 16,515 95,320

F Construction sector 24,271 8.7 14,383 11.6 14,382 1 9,948 Source: CBS Communication, Number and Structure of Business Entities VI-2011, Nr.11.1.1-2, 17th August 2011; Data processed & compiled by C&USD of CCE

SITUATION ON 30th JUNE 2012




Active Structure of


Total economy 288,972 100 134,110 100 114,574 19,536 93,277

Construction sector 24,970 8.6 15,098 11.3 15,097 1 9,434

Source: CBS Communication, Number and Structure of Business Entities VI-2012., br.11.1.1-2, 20th August 2012; Data processed & compiled by C&USD of CCE





Active Structure of


Total economy 274,714 100 147,594 100 124,976 22,618 90,860



C&USD of CCE 16





Active Structure of


Total economy 291,159 100 164,021 100 138,475 25,546 87,439







Active Structure of


Total economy 305,732 100 178,613 100 150,968 27,645 80,006

Construction sector 25,246 8.3 18,609 10.4 18,609 1 7,970 Source: CBS Communication, Number and Structure of Business Entities VI-2012., br.11.1.1-2, 19th August 2015; Data processed & compiled by C&USD of CCE





Active Structure of


Total economy 248,148 100 137,319 100 115,659 21,660 82,873

Construction sector 22,942 9.2 13,063 9.5 13,062 1 7,706 Source: CBS Communication, Number and Structure of Business Entities VI-2012., br.11.1.1-2, 11th August 2016; Data processed & compiled by C&USD of CCE





Active Structure of


Total economy 248,148 100 153,281 100 123,198 30,083 82,075



Source: DZS; Data processed, compiled & graphically created by C&USD of CCE

24.970

22.747

24.015

25.426

22.942

24.439

15.098

16.110

17.372

18.609

13.063

13.852

288.972

274.714

291.159

305.732

248.148

248.148

134.110

147.594

164.021

178.613

137.319

153.281

0 50000 100000 150000 200000 250000 300000 350000

I-VI2012

I-VI2013

I-VI2014

I-VI2015

I-VI2016

I-VI2017

ACTIVE COMPANIES IN THE RC ECONOMY AND CONSTRUCTION SECTOR

Total active in construction Total registered in construction

C&USD of CCE 17

Below are the tables of active legal entities by the types of ownership and the number of employees:

STRUCTURE OF ACTIVE LEGAL ENTITIES, ACCORDING TO TYPE OF OWNERSHIP - NACE 2007 SITUATION ON 30th JUNE 2011

Total

Ownership forms

State owned Private Cooperative Mixed No ownership

Number of legal entities

Share in total


Share in total


Share in total


Share in total


Share in total

Total economy 124,050 1,016 0.8 103,268 83.3 1,849 1.5 1,402 1.1 16,515 13.3

Construction sector 14,383 94 0.7 14,037 97.6 142 1.0 109 0.8 1 0 Source: CBS Communication, Number and Structure of Business Entities VI-2011, Nr.11.1.1-2, 17th August 2011; Data processed & compiled by C&USD of CCE


Total

Ownership forms



Share in total


Share in total


Share in total


Share in total


Share in total

Total economy 134,110 1,034 0.8 110,184 82.2 1,955 1.5 1,401 1.0 19,536 14.6

Construction sector 15,098 97 0.6 14,735 97.6 154 1.0 111 0.7 1 0



Total

Ownership forms



Share in total


Share in total


Share in total


Share in total


Share in total

Total economy 147,594 1,055 0.7 120,487 81.7 2,042 1.4 1,392 0.9 22,618 15.3




Total

Ownership forms



Share in total


Share in total


Share in total


Share in total


Share in total

Total economy 164,021 1,145 0.7 133,880 81.7 2,111 1.3 1,382 0.8 25,503 15.5

Construction sector 17,372 98 0.6 17,003 97.9 159 0.9 111 0.6 1 0 Source: CBS Communication, Number and Structure of Business Entities VI-2012., br.11.1.1-2, 20th August 2014; Data processed & compiled by C&USD of CCE


Total

Ownership forms



Share in total


Share in total


Share in total


Share in total


Share in total

Total economy 178,613 1,214 0.7 146,365 81.9 2,159 1.2 1,379 0.8 27,496 15.4

Construction sector 18,610 99 0.5 18,235 98.0 164 0.9 111 0.6 1 0 Source: CBS Communication, Number and Structure of Business Entities VI-2012., br.11.1.1-2, 19th August 2015; Data processed & compiled by C&USD of CCE

C&USD of CCE 18


Total

Ownership forms



Share in total


Share in total


Share in total


Share in total


Share in total

Total economy 137,319 1,122 0.8 112,623 82.0 1,089 0.8 1,034 0.8 21,451 15.6




Total

Ownership forms



Share in total


Share in total


Share in total


Share in total


Share in total

Total economy 153,281 1,160 0.8 120,265 78.4 1,072 0.7 1,000 0.7 29,784 19.4



ACTIVE LEGAL ENTITIES BY NACE 2007 AND BY THE NUMBER OF PERSONS IN PAID EMPLOYMENT


Number of employees

0 1 – 9 10 – 49 50 – 249 250 – 499 500 or more

Total economy 124,050 53,423 55,978 10,962 3,098 340 249

Construction sector 14,383 6,093 6,488 1,474 281 30 17 Source: CBS Communication, Number and Structure of Business Entities VI-2011, Nr.11.1.1-2, 17th August 2011; Data processed & compiled by C&USD of CCE


Number of employees

0 1 – 9 10 – 49 50 – 249 250 – 499 500 or more

Total economy 134,110 63,757 55,834 10,858 3,080 334 247

Construction sector 15,098 6,806 6,489 1,477 279 30 17 Source: CBS Communication, Number and Structure of Business Entities VI-2012., br.11.1.1-2, 20th August 2012; Data processed & compiled by C&USD of CCE


Number of employees

0 1 – 9 10 – 49 50 – 249 250 – 499 500 or more

Total economy 147,594 77,823 55,319 10,814 3,063 331 244



Number of employees

0 1 – 9 10 – 49 50 – 249 250 – 499 500 or more

Total economy 164,021 94,384 55,239 10,784 3,046 326 242



Number of employees

0 1 – 9 10 – 49 50 – 249 250 – 499 500 or more

Total economy 178,613 109,099 55,153 10,757 3,040 325 239


C&USD of CCE 19


Number of employees

0 1 – 9 10 – 49 50 – 249 250 – 499 500 or more Total economy 137,319 54,462 68,216 10,978 3,121 284 258

Construction sector 13,063 4,766 6,950 1,121 200 16 10



Number of employees

0 1 – 9 10 – 49 50 – 249 250 – 499 500 or more Total economy 153,281 67,275 70,882 11,385 3,186 304 249

Construction sector 13,852 5,265 7,163 1,193 208 15 8


CREATING, DELETING AND HARMONISING OF REGISTERED LEGAL ENTITIES

PERIOD: 2015 / 2016 / I-VI 2016

2015 2016 2017

I – II IV – V VII – IX X – XII I – III IV – VI VII – IX X – XII I – III IV – VI

Creating 3,862 3,711 3,107 3,603 4,065 4,131 3,220 4,059 4,598 4,210 Trade companies 3,346 3,228 2,675 3,180 3,463 3,602 2,821 3,564 4,081 3,729

Other 516 483 432 423 602 529 399 495 517 481 Deleting 88 79 68 104 72,451 90 95 110 98 70 Enterprises 1 0 0 5 62,539 7 3 - 1 1

Trade companies 76 62 63 84 100 71 76 98 86 67 Other 11 17 5 15 9,812 12 16 12 11 2

Harmonising according to the Company Law

111 124 118 131 136 111 106 177 205 143

Source: CBS Communication, Number and Structure of Business Entities VI-2012., br.11.1.1-2, 11th August 2016; Source: CBS Communication, Number and Structure of Business Entities VI-2012., br.11.1.1-2, 11th August 2017; Data processed & compiled by C&USD of CCE

Changes in registered entities are divided into three groups: establishment, deletion and alignment. They show that the number of foundations is increasing in the given period, and the number of alignment and deletion slowly stagnates.

Number of employees in legal entities

Number of Persons in Paid Employment in the Construction Sector in the First Half of 2017

In June 2017, the number of employees in legal entities in the Republic of Croatia was 1,163,972, out of which 68,736 were employed in the construction sector (69,420 at the end of June 2016). As compared to June 2016, the number of persons employed in legal entities has decreased by 2.0%, while the total number of employed persons in construction sector has decreased by 4.2%.

Compared to June 2016, the total number of employees in the Republic of Croatia increased by 3.45%, while the total number of employees in construction sector has droped by 1.8% (69.992 at the end of June 2016).

Comparison of the same period in 2017 and 2016 - from January to June – shows a decrease in the number of employed persons in the Republic of Croatia is 1.8%, while in the construction sector there is a decrease of 3.2%

C&USD of CCE 20

INDICES OF CHANGE IN NUMBER OF PERSONS IN PAID EMPLOYMENT IN LEGAL ENTITIES (NACE 2007)

JUNE 2017

Number of employees Indices

In the end 2014

In the end 2015

In the end 2016

June 2014 June 2015 June 2016 June 2017 Index Index Index

Total Total Total Total Total Total Total VI 2017 V 2017

VI 2017 VI 2016

I – VI 2017 I – VI 2016

Total economy 1,095,460 1,103,000 1,157,348 1,124,946 1,125,136 1,169,508 1,163,972 101.1 98.0 98.2

Construction 67,307 66,938 68,653 68,895 69,992 69,420 68,736 99.3 95.8 96.8

Source: CBS Communications, Employees by Activities; Data processed & compiled by C&USD of CCE

Below is an overview of the structure within the Croatian construction sector:

OVERVIEW OF THE STRUCTURE OF THE NUMBER OF PERSONS WITH PAID EMPLOYMENT IN LEGAL ENTITIES (NKD2007)

2008 -2016 / VI 2012 – VI 2017

XII 2008 XII 2012 XII 2013 XII 2014 XII 2015 XII 2016 VI 2012 VI 2013 VI 2014 VI 2015 VI 2016 VI 2017

Total Total Total Total Total Total Total Total Total Total Total Total

Total economy 1,222,652 1,109,719 1,104,807 1,095,460 1,103,000 1,157,348 1,151,268 1,141,388 1,124,946 1,125,136 1,169,508 1,163,972

Construction 101,120 74,911 70,540 67,307 66,938 68,653 78,125 73,224 68,895 69,992 69,420 68,736

Source: CBS Communications, Employees by Activities; Data processed & compiled by C&USD of CCE

Source: CBS, Fina; Data processed, compiled & graphically created by C&USD of CCE

143.634 145.656140.661

119.984

109.215102.211

95.655 92.513 92.264 89.981 89.345

0

20.000

40.000

60.000

80.000

100.000

120.000

140.000

160.000

2007 2008 2009 2010 2011 2012. 2013. 2014. 2015. 2016. 2017.

TOTAL NUMBER OF PERSONS EMPLOYED IN TRADE COMPANIES AND IN CRAFTS2007. - 2017.

C&USD of CCE 21



EMPLOYEES IN LEGAL ENTITIES

PERIOD: JUNE 2016 - JUNE 2017

Source: CBS, Fina; Data processed by C & USD of CCE

0

20.000

40.000

60.000

80.000

100.000

120.000

2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015. 2016. I-VI 2017.

NUMBER OF PERSONS EMPLOYED IN TRADE COMPANIES IN THE CONSTRUCTION SECTOR2007 - VI 2017

0

5.000

10.000

15.000

20.000

25.000

30.000

35.000

40.000

45.000

2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015. 2016. I-VI 2017.

NUMBER OF PERSONS EMPLOYED IN CRAFTS IN THE CONSTRUCTION SECTOR2007 - VI 2017

C&USD of CCE 22

Paid Net Salaries in the Croatian Economy & Construction Sector

Salaries provided by legal entities in the RC’s economy and construction sector in the First Half (Semester) of 2017

For the period from January to June 2017, the average monthly paid net salary per person employed with a legal entity (company) in the Republic of Croatia was HRK 5,960, which is nominally by more than 5% and realistically higher by more than 3,9% than in the same period of 2016.

The average monthly paid off net earning per person in employment in legal entities of the Republic of Croatia for the month of June 2017 is nominally higher by 5.6% and realistically higher by 4.9% as compared to the same month of 2016.

For the January to June 2017 period, the average monthly gross salary per person employed with a legal entity (company) in the Republic of Croatia was HRK 8,014, which is by nominal increase of 3,4% and real increase by 2,3% in relation to the same period of 2016. The average monthly gross earning per person in employment in legal entities in the Republic of Croatia for the month of June 2017 was nominally higher by 4.2% and by 3.5% really higher than in the same month of the previous year.

AVERAGE MONTHLY NET AND GROSS EARNINGS OF PERSONS IN PAID EMPLOYMENT For June 2017 according to the NACE 2007

Source: CBS Communication, Average Net and Gross Earnings of Persons in Paid Employees for June 2017, no. 9.1.1/6, 31th August 2017; Data processed by C&USD of CCE

C&USD of CCE 23

Exports of Construction Works & Services

EXPORTS OF CONSTRUCTION WORKS & SERVICES PERIOD: 2000 - 2015

YEAR

Legal Entities (Companies)

Total Value

Nr. US$

2000 225 25.808.749

2001 237 32.154.569

2002 237 32.156.752

2003 251 55.448.989

2004 235 118.353.693

2005 341 86.702.793

2006 376 118.581.666

2007 436 122.598.518

2008 464 162.786.938

2009 433 106.829.750

2010 467 97.402.840

2011 446 108.010.012

2012 438 76.445.722

2013 274 40.429.699

2014 - 41.300.000

2015. - 42.429.000

Izvor: Fina/HGK; Data processed & compiled by C&USD of CCE

Source: Fina/CCE; Data processed, compiled & graphically created by C&USD of CCE

General note: This publication is issued by the Department of Construction and Utility Services within the Croatian Chamber of Economy (CCE). The information and analyses contained therein are based on publicly available statistical information derived from a source whose completeness and accuracy can not be guaranteed by the the abovementioned Department. Therefore, the information and analyses presented in the statistical review are subject to change, depending on the amendments of the information source and on the changes that may occur from the time this document had been prepared to the time of its reading. This publication and its parts may not be copied or otherwise reproduced without any reference to the sources of information. Note 1: "Overview of Basic Statistical Data in the Croatian Construction Sector, January - June 2017“, as well as other previously prepared statistical surveys, starting with 2009, can be found on the CCE website: http://www.hgk.hr/category/sektor-centar/sektor-graditeljstvo-komunalno/ under the Analysis and publication submenu, while the "Croatian Construction" brochure is available at: http://www2.hgk.hr/en/depts/Construction/Graditeljstvo_10_web.pdf within official Biznet base (CCE). Note 2: Since May of 2008, the Central Bureau of Statistics no longer monitors the data on construction works and services carried out abroad by the Croatian companies. Note 3: Since 2015, the Central Bureau of Statistics no longer monitors data on unfinished dwellings/residences.

0

20.000.000

40.000.000

60.000.000

80.000.000

100.000.000

120.000.000

140.000.000

160.000.000

180.000.000

2000. 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

OVERVIEW OF THE EXPORTS OF CONSTRUCTION WORKS & SERVICES2000 - 2015

USD

http://www.hgk.hr/category/sektor-centar/sektor-graditeljstvo-komunalno/

http://www.hgk.hr/category/sektor-centar/sektor-graditeljstvo-komunalno/

http://www2.hgk.hr/en/depts/Construction/Graditeljstvo_10_web.pdf

statistical overview of the construction sector … · statistical overview of the construction ......

Documents