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Follow on Google News | "Hungary Infrastructure Report Q3 2011" is now available at Fast Market ResearchNew Construction research report from Business Monitor International is now available from Fast Market Research
Contributing factors this quarter included: * In May 2011, Vegyepszer, the former state-owned construction firm, submitted a request for bankruptcy protection in order to give its management time to find a way to repay outstanding debts. This follows the spin out of Vegyepszer Hungaria with HUF16bn in short-term liabilities in February. Vegyepszer Hungaria attributed the company's unpaid debt to financial difficulties stemming from the contraction of the construction sector following the onset of the global economic crisis, according to the Budapest Business Journal. * BMI has revised down estimates for the construction sector based on new 2010 breakdowns for infrastructure and 2009 sub-sector breakdowns from the National statistics Agency. ------------------------------------------------------------ Full Report Details at - http://www.fastmr.com/ ------------------------------------------------------------ Despite a shaky start to 2011, in which the Hungarian government has been criticised for its policies towards the media, the central bank, large corporates and the country's long-run fiscal position, we remain confident that the Fidesz party will maintain a strong lead over opposition parties over the coming years. Indeed, with the socialist MSZP still blamed for Hungary's economic downturn, and with macroeconomic conditions set to continue picking up under Prime Minister Viktor Orban, we fully expect Fidesz to win the next parliamentary elections in early 2014. While Hungary's economic recovery remains on track, with real GDP growth picking up to 2.0% in Q410, from 1.7% the previous quarter, our core view - that the pace of expansion will not accelerate considerably over the coming years - remains intact. Indeed, fiscal austerity and debt deleveraging will continue to weigh on overall domestic consumption, leaving net exports the primary driver of growth through to 2013 at least. Report Table of Contents: SWOT Analysis - Hungary Infrastructure SWOT Market Overview Building Materials - Global Materials - Europe Overview - Table: Cement Price/Volume Variances Per Region Industry Forecast Scenario - Table: Hungary Construction And Infrastructure Industry Data - Table: Hungary Construction And Infrastructure Industry Data - Construction and Infrastructure Forecast Scenario Transport Infrastructure - Table: Hungary Transport Infrastructure Industry Data - Table: Hungary Transport Infrastructure Industry Data - Transport Infrastructure Forecast Scenario - Transport Infrastructure Overview - Major Projects Table - Transport - Table: Major Infrastructure Projects - Transport Energy and Utilities Infrastructure - Table: Hungary Energy and Utilities Infrastructure Industry Data - Table: Hungary Energy and Utilities Infrastructure Industry Data - Energy and Utilities Infrastructure Forecast Scenario - Energy and Utilities Infrastructure Overview - Major Projects Table - Energy and Utilities - Table: Major Infrastructure Projects - Energy & Utilities Residential/ - Table: Hungary Residential and Non-residential Building Industry Data - Table: Hungary Residential and Non-residential Building Industry Data - Residential/ - Residential/ - Residential/ - Table: Major Infrastructure Projects - Residential/ Business Environment - Hungary Business Environment - Rewards - Risks - Regional Overview - Eastern Europe Infrastructure Business Environment Ratings - Table: Central And Eastern European Infrastructure BE Ratings Company Monitor - Strabag Hungary - Vegyepszer - KeSZ Building & Construction Global Overview Methodology - Industry Forecasts - Construction Industry - Data Methodology - New Infrastructure Data Sub-sectors - Construction - Capital Investment - Construction Sector Employment - Infrastructure Business Environment Rating - Table: Infrastructure Business Environment Indicators About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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