Wishing you all a very merry Christmas and a Prosperous New Year from the FEST Presidency.
Sue Knight, Director General FEST
Nikolaus Klein, Matthew Gray, Editors, Hassan Abou Jawhar
SAVE THE DATE! 57TH FEST CONGRESS, 22nd-24th SEPTEMBER, 2022
Slight decrease in construction output
According to the new estimate, the total construction output in the Euroconstruct area decreased by 4.7% in 2020, a more moderate decline than expected six months ago. Also, the final results for the current year as well as the new short-term forecast have been improved, even though slowing down in the mid-term.
“The world leaders gathering at COP26 in Glasgow, UK are looking for positive headlines to demonstrate their commitment to climate change. But whilst they are big on high-level strategies, it is the local and collective commitments that will bring about change,” says UWLA MD Yvonne Orgill.
Wholesale sales prices increased by 16.6% in November 2021, compared to November 2020. As reported by the Federal Statistical Office (Destatis), this was the highest increase compared to the same month of the previous year since the start of the calculation of the wholesale price indices in 1962.
Due to the current restrictions, the 7th Edition of the 3 Diamond Awards were held in a virtual format. Presented by the journalist Esther Vaquero and organized by Mitsubishi Electric, the names of the winners have now been released.
French building materials group Saint-Gobain completed the acquisition of Romanian group Duraziv, specialized in the production of adhesives and other construction chemicals solutions, deal advisor Deloitte said.