2020 – An industry on the verge of transformation

2020 has brought dramatic changes to that construction industry worldwide that are likely to have a lasting impact over the coming years. In this article, we look at some of the most important events of the year and how they are likely to affect the industry in the future.

The corona crisis

The coronavirus pandemic that hit the entire world earlier this year led to significant reduction in construction production. In Europe, an unprecedented decline was recorded in March and April, and although the European construction sector has made a recovery since, activity in 2020 is estimated to be down by 15.7% in relation to 2019.

Naturally, the corona pandemic has also had a great impact on people in the construction sector, on their lives and work routines, and not least on the way they…

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