In 2023, Hungary led the European market for young high growth enterprises in the construction of roads and railways, capturing 44.29% of the market share. Italy followed at 20.98%, despite experiencing an 8.46% decrease from the previous year. Romania, with a 14.87% increase, accounted for 13.99%. The Czech Republic and Slovakia each represented smaller shares at 6.99%, yet showed 8.45% growth. Latvia, Norway, and Portugal held steady with existing shares of 4.66%, while Lithuania showed the highest growth rate at 18.92%, maintaining the same share.
Future trends may include increased investments in sustainable infrastructure which could drive growth in high-growth enterprises, particularly in Eastern European countries. Additionally, policy shifts focusing on sustainability and digitalization within construction could reshape enterprise growth across the region.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Construction of Roads and Railways Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 44.29 | 2023 | +11.76% | +22.1% | View data |
| 2 | 2 Italy | 20.98 | 2023 | 0% | -8.46% | View data |
| 3 | 3 Romania | 13.99 | 2023 | 0% | +14.87% | View data |
| 4 | 4 Czech Republic | 6.99 | 2023 | 0% | +8.45% | View data |
| 5 | 5 Slovakia | 6.99 | 2023 | +50% | +8.45% | View data |
| 6 | 6 Latvia | 4.66 | 2023 | 0% | View data | |
| 7 | 7 Norway | 4.66 | 2023 | 0% | 0% | View data |
| 8 | 8 Lithuania | 4.66 | 2023 | +100% | +18.92% | View data |
| 9 | 9 Portugal | 4.66 | 2023 | 0% | 0% | View data |
