Construction companies surviving tough times

  • 2009-09-03
  • By Ella Karapetyan
TALLINN - According to Statistics Estonia, in the 1st quarter of 2009, compared to the same period of the previous year, the total production of Estonian construction enterprises decreased about a third. This total was about 5 billion kroons (320 million euros), which comprised building construction with a value of 3.2 billion kroons and civil engineering work totaling 1.8 billion kroons. Compared to the same period of 2008, 1st quarter volume of building construction decreased 42 percent. The volume of civil engineering projects stayed the same. The decline was caused mainly by the...
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