Effects of the current economic situation – Opportunities, risks and action packages
The crisis affects most of the building materials and supply industry. 88 percent of the companies are feeling the effects of the crisis. Almost 50 percent assume that it will bottom out in the first half of 2010. This is the conclusion of a study conducted by Roland Berger Strategy Consultants on the effects of the economic situation on the building materials and supply industry. 64 percent of the companies surveyed don't expect to see a tangible recovery from the crisis until 2011 or later. Companies focusing on constructing new buildings are comparatively pessimistic, while many "renovators" expect the economy to start picking up steam in the second half of 2010.