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

Author

Listed:
  • Nikola Sobotková

    (Brno University of Technology, Czech Republic)

  • Vojtěch Bartoš

    (Brno University of Technology, Czech Republic)

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.

Suggested Citation

  • Nikola Sobotková & Vojtěch Bartoš, 2025. "Development trends in the financial performance of construction companies in the Czech Republic and abroad," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 12(3), pages 158-168, March.
  • Handle: RePEc:ssi:jouesi:v:12:y:2025:i:3:p:158-168
    DOI: 10.9770/a8924884933
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    More about this item

    Keywords

    financial performance; construction industry; Winsorized mean; analyze; Visegrad Group; EU;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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