Tag Archives: recession

Down 20

The construction of new buildings fell in Finland by 19 per cent in January-March. (sigh) I have a feeling it’s going to get worse before it gets better. (via)
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Dynamic Helsinki Website

The international real estate industry will gather in Cannes, March 10-13 for the MIPIM fair, I’d imagine it will be a sombre affair taking place as it is agaisnt a backdrop of a projected world recession. But Greater Helsinki is bringing an exhibition stand there and it is a historic time for the city as [...]
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No New Building In Finland

No new private apartment building projects were started in Helsinki , and the equivalent of only three apartment blocks in the whole of Finland were begun between October last year and February this year according to HS.  There is a cold wind blowing so button up!
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Job Cuts

Construction company Skanska to cut 600 jobs in Finland, YIT is doing the same. I sense the ground about to disappear below our feet as the construction industry approaches a state of coma. The signs are not good.
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