European Number of High Growth Enterprises in Demolition and Site Preparation by Country

The Czech Republic leads the number of high-growth enterprises in demolition and site preparation, with 284 enterprises in 2023, driven by a 20.03% year-on-year increase. Hungary also shows robust growth at 25.28%, taking third place. Italy follows behind with significant momentum, while Portugal and Lithuania experienced moderate growth. Norway encountered a 4.77% decline, reflecting potential challenges. Slovakia, Romania, Latvia, and Iceland show lower counts, but each recorded modest growth in 2023.

Future trends to watch for include:

• An upward trajectory in Central European markets like Hungary and the Czech Republic suggests a growing demand for construction and redevelopment.
• Northern European markets, particularly Norway, require strategies addressing potential economic or regulatory challenges impacting growth.
• The role of green construction technologies and sustainability practices shaping demand dynamics across the sector.
• The potential impact of economic and infrastructure investments from EU programs affecting growth opportunities in emerging markets like Romania and Latvia.