Development trends in the financial performance of construction companies in the Czech Republic and abroad

Nikola Sobotková () and Vojtěch Bartoš ()
Additional contact information
Nikola Sobotková: Brno University of Technology, Czech Republic
Vojtěch Bartoš: Brno University of Technology, Czech Republic

Entrepreneurship and Sustainability Issues, 2025, vol. 12, issue 3, 158-168

Abstract: 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.

Keywords: financial performance; construction industry; Winsorized mean; analyze; Visegrad Group; EU (search for similar items in EconPapers)
JEL-codes: G32 M21 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://jssidoi.org/jesi/uploads/articles/47/Sobot ... blic_and_abroad.docx (application/pdf)
https://jssidoi.org/jesi/article/1283 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:12:y:2025:i:3:p:158-168

DOI: 10.9770/a8924884933

Access Statistics for this article

Entrepreneurship and Sustainability Issues is currently edited by Manuela Tvaronaviciene

More articles in Entrepreneurship and Sustainability Issues from VsI Entrepreneurship and Sustainability Center
Bibliographic data for series maintained by Manuela Tvaronaviciene ().