DEVELOPMENT TRENDS IN THE FINANCIAL PERFORMANCE OF CONSTRUCTION COMPANIES IN THE CZECH REPUBLIC AND ABROAD

DEVELOPMENT TRENDS IN THE FINANCIAL PERFORMANCE OF CONSTRUCTION COMPANIES IN THE CZECH REPUBLIC AND ABROAD

Článek WoS

The construction industry plays a significant role in the economic growth of many developed countries, helping to keep the economy steady and growing. In places like the Czech Republic, the construction sector builds essential things like roads and buildings, creates many jobs, and helps other industries grow. This article examines how construction companies are doing financially, with a focus on the Czech Republic and how it compares to nearby countries. By looking at data from the past eight years, this study provides a complete picture of the construction industry's performance, using a special method called the Winsorized mean to ensure fair comparisons. The study shows economic changes, new regulations, and demand affect construction companies' performance. In recent years, challenges such as increasing costs of materials, a shortage of skilled workers, and stricter rules have affected their performance. However, the sector continues to be vital. This article also examines factors that could influence the construction industry's future. These factors include using environmentally friendly building methods, improving technology like automation, and managing resources more efficiently. By dealing with today's problems and taking advantage of future chances, the construction industry can continue to be a key driver of economic growth in the Czech Republic and other countries.

The construction industry plays a significant role in the economic growth of many developed countries, helping to keep the economy steady and growing. In places like the Czech Republic, the construction sector builds essential things like roads and buildings, creates many jobs, and helps other industries grow. This article examines how construction companies are doing financially, with a focus on the Czech Republic and how it compares to nearby countries. By looking at data from the past eight years, this study provides a complete picture of the construction industry's performance, using a special method called the Winsorized mean to ensure fair comparisons. The study shows economic changes, new regulations, and demand affect construction companies' performance. In recent years, challenges such as increasing costs of materials, a shortage of skilled workers, and stricter rules have affected their performance. However, the sector continues to be vital. This article also examines factors that could influence the construction industry's future. These factors include using environmentally friendly building methods, improving technology like automation, and managing resources more efficiently. By dealing with today's problems and taking advantage of future chances, the construction industry can continue to be a key driver of economic growth in the Czech Republic and other countries.

financial performance, construction industry, the Winsorized mean, analyze, Visegrad group, EU

financial performance, construction industry, the Winsorized mean, analyze, Visegrad group, EU

SOBOTKOVÁ, N.; BARTOŠ, V.

25.03.2025

2345-0282

Entrepreneurship and Sustainability Issues

12

3

Litevská republika

158

168

11

https://jssidoi.org/jesi/uploads/articles/47/Sobotkova_Development_trends_in_the_financial_performance_of_construction_companies_in_the_Czech_Republic_and_abroad.pdf