Biggest construction companies in Poland 2020-2023, by revenues
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In 2023, the three largest construction companies in terms of revenues in Poland were respectively Budimex Group, Strabag Group, and PORR Group.
Construction market in Poland
In 2022, the construction market’s value in Poland amounted to 137 billion zloty. This value increased by nearly 219 percent in 17 years. However, the construction sector has stagnated. Since March 2022, the construction and assembly production value has steadily declined. Several factors contributed to this situation. The residential construction sector saw a decline in interest in buying apartments; consequently, the supply of flats also fell. This situation was also not influenced by the rapid influx of immigrants from Ukraine and their demand to buy an apartment. Indeed, demand for rentals increased significantly during this period. Another factor negatively affecting the development of the construction industry was inflation and soaring construction costs. Between March and June 2022, the price of construction materials rose by more than 30 percent.
Revenue comparison of different real estate development companies
In 2021, Dom Development Capital Group, followed by Atal and Echo Investment, was the leading development company in Poland in terms of revenues. In 2021, Dom Development generated nearly 1.9 billion zloty in revenue. The company achieved a net profit of over 112 million zloty, decreasing by 16.8 percent over the previous year. Following is Echo Investment company which generated revenue of over 1.5 billion zloty. The company achieved a net profit of over 205 million zloty, increasing by 68.3 percent over the previous year. Furthermore, Atal company generated revenue of over 1.6 billion zloty, which is the most among the other mentioned companies. The company achieved a net profit of over 331 million zloty, increasing by 98 percent over the previous year.
