Construction sector
The economic outlook for the construction sector in the Netherlands is not good. Large construction projects are decreasing and existing projects are cancelled, which results in a decrease of employment. However, this does not count for the ground, road and water construction. Because of long term projects the construction in this subsectors will remain stable.
Your risk
Companies in the construction sector should take the increase of prices of raw materials, negative margins and the change in the tax law into account. Credit risks will increase because of these developments.
The economic crisis of 2010 keeps having impact on the Dutch economy and its construction sector.
Our advice
We help you minimise your payment risks. Within Euler Hermes Netherlands a specialised team of experts is assessing the developments in the construction sector. This way, we can advise you in time on important developments and risks so you can do business without qualms.
Nederlands
Euler Hermes Group
