Strong growth in main construction industry opens business opportunities for construction and energy related industries

Turnover in the main construction industry in January to May 2019 was up 11.5% compared with the corresponding month of the previous year. Regarding industrial data, the Civil Engineering industry gained 13.9% and Building Construction industry 9.5% compared to the level a year earlier.
This opens business opportunities not only e.g. for investors and construction companies but also for companies of the Renewable Energies industries. Thus, 66.6% of all newly constructed residential buildings in 2018 use renewables as a source of heat and 47.2 percent of the 107,200 new residential buildings primarily got their heat from renewables.

DESTATIS