After the PMR Forum

The bittersweet taste of the recovery

140 executives from leading construction firms converged on the Airport Okecie Hotel in Warsaw on 12 October to take part in the second edition of PMR’s annual Construction in Poland Forum. They came to share experiences, exchange views on current trends in the sector, and outline their plans for the immediate future. Interesting discussions abounded both during the panel sessions and on the margins, and one thing emerged very clearly from the remarks of the panelists and from our poll of Forum attendees: a lot has changed in the construction sector over the past 12 months.

The poll confirmed what our research has been telling us – that conditions in the sector are much better now than they were last year. Fully 76% of Forum attendees expect their companies to report an increase in construction or real estate revenue in 2017 as compared with 2016, with just 3% predicting a decline. And a very similar pattern of responses was found when participants were asked about their projected revenue in 2018.

This does not mean that the sector is devoid of problems, however. Even as they welcomed the noticeable acceleration in railway tenders, the continued buoyancy of the residential construction segment, or the strong performance of the commercial segment, Forum participants also expressed concern that the spike in activity observed in so many parts of the market has come just at a time when construction firms are grappling with labour shortages and rising materials and transport prices, and wondered what the consequences might be for their companies and for the market as a whole. Lively debates also developed about efficiency, innovation and education in the construction sector, or about project financing and profitability.

We wish to extend deep thanks to all the Participants, Experts and Partners of the Forum. Thank you for your active participation, for all the discussions and conversations both on the conference floor and on the margins that helped make the meeting a valuable experience.

We will upload a full report of the event and the poll findings shortly.

140 More than

participants

30 More than

experts

will ensure reliable assessment
of the situation and approaching changes
in the construction sector

4

thematic sessions

cross-sectoral,
residential market,
commercial market,
infrastructure

1

intense day

packed with expertise,
effective meetings,
and interesting analyses
and reliable forecasts for 2018



Combination of PMR’s hard data with strategies of market Leaders!

FORUM EXPERTS

Prof. Grzegorz W. Kołodko

Krzysztof Kondraciuk

General Director for National Roads and Motorways

Andrzej Goławski

President of the Management Board

Mirosław Józefczuk

Member of the Management Board

Jarosław Szczupak

President of the Management Board

Leszek Marek Gołąbiecki

President of the Management Board


Józef Adam Zubelewicz

Member of the Management Board

Rafał Trusiewicz

President of the Management Board

George Fereira

Senior Project Manager

Łukasz Marcinkiewicz

Managing Director

Renaud Roussel

President of the Management Board

Paweł Kisiel

Vice-President of Sales and Marketing


Kamil Simka

Vice President of the Management Board

Roman Nagler

Corporate Credit Risk Director

Piotr Kozina

Board Representative for Chain Management

Anna Glanowska-Szpor

Construction Sector Managing Director

Dr Przemysław Wróbel

CUPT Director Counselor

Mira Kantor-Pikus

Partner, Equity, Debt & Structured Finance, Capital Markets - Poland


Michał Sternicki

General Director

Renata Osiecka

Managing Partner

Marcin Panek

Capital Resources Director

Dr Katarzyna Stefanide

General Director

Jarosław Komorowski

President of the Management Board

Marek Wielgo

Editor in Chief


Artur Popko

Board Member, Director of Infrastructure Division

Piotr Okoński

Director of the Strategic Client Department

Kazimierz Krupa

Economist, Publicist

Mariusz Frąckiewicz

Country Manager

Bartłomiej Sosna

Head Construction Market Analyst, awarded with Laur Buildera 2015

Jarosław Frontczak

Head Retail Market Analyst


Krystian Gryzło

Market Analyst




JOIN THE MEETING

FORUM AGENDA

Simultaneous translation Polish-English will be provided.

12 OCTOBER 2017

9:00

Registration and morning coffee

9:30

Welcome of the participants and networking session

CONSTRUCTION SECTOR 2017 VS 2018 - CHANGES, FORECASTS AND ACTION SCENARIOS

9:45

Key macroeconomic changes and their consequences for the Polish economy

Prof. Grzegorz W. Kołodko

10:10

LATEST PMR’S DATA AND FORECASTS

Condition of the construction market and scenarios for 2018 – key changes, risk areas and investment trends

Barłomiej Sosna Construction Market Analyst, PMR

  • Industry performance in 2017 and forecasts for 2018
  • Impact of central and local government policies on the economy, investment projects and construction output
  • Growing costs vs profitability – financial standing and risk areas in the sector
  • Key market trends – conclusions from the most recent PMR’s surveys among small and large contractors

10:20

Question and answer session


10:30

PANEL DISCUSSION FOR CONTRACTORS

Forecasts for 2018 – moderate acceleration or strong growth? Planned strategies, opportunities and threats

Panel Moderator: Bartłomiej Sosna, Construction Market Analyst, PMR

Panellists:

Kamil Simka, Vice President of the Management Board, SKANSKA

Andrzej Goławski, President of the Management Board, MOSTOSTAL WARSZAWA

Mirosław Józefczuk, Member of the Management Board, WARBUD

Jarosław Szczupak, President of the Management Board, ALSTAL

Leszek Marek Gołąbiecki, President of the Management Board, UNIBEP

Józef Adam Zubelewicz, Member of the Management Board, ERBUD

11:15

Question and answer session

11:25

Coffee and discussion break

11:45

CONSTRUCTION SECTOR FROM THE FINANCIAL PERSPECTIVE

Impact of socio-economic changes on the construction market condition and financing chain

Moderator: Renata Osiecka, Managing Partner, AXI IMMO

Panellists:

Anna Glanowska-Szpor, Construction Sector Managing Director, ING BANK ŚLĄSKI

Roman Nagler, Corporate Credit Risk Director, BANK ZACHODNI WBK

Piotr Okoński, Director of the Strategic Client Department, PKO BANK POLSKI

Michał Sternicki, General Director, AAREAL BANK AG in POLAND

12:20

Question and answer session


2018 SECTOR OUTLOOK –
TRENDS, MOVEMENTS AND KEY PROJECTS

INFRASTRUCTURE

12:30

LATEST PMR’S DATA AND FORECASTS

Infrastructure – revised government-led strategies and key projects. Impact of changes on the future situation and division of power in the construction sector

Bartłomiej Sosna, Construction Market Analyst, PMR

  • Segments to become the driving force in 2018 – Consequences for the industry
  • Government-led actions vs prosperity in road, railway and energy construction
  • Assessment of progress in EU funds contracting
  • Overview of the major engineering investment projects contracted in 2017

12:40

Question and answer session

12:50

PANEL DISCUSSION – INFRASTRUCTURE

Acceleration and what next? Assessment of cooperation, potential and threats to the sector

Moderator: Kazimierz Krupa, Economist, Publicist, Polish Association of Construction Employers

Industry Experts:

Artur Popko, Board Member, Director of Infrastructure Division, BUDIMEX

Łukasz Marcinkiewicz, Managing Director, LH Engineering

Krzysztof Kondraciuk, General Director for National Roads and Motorways

Przemysław Wróbel, CUPT Director Counselor, Centre for EU Transport Projects

Renaud Roussel, President of the Management Board, COLAS

13:35

Question and answer session

13:45

LUNCH

14:35

SPEED NETWORKING SESSION

Designated time and venue for face-to-face meetings with selected, current or future, trading partners.


COMMERCIAL MARKET

15:05

LATEST PMR’S DATA AND FORECASTS

Fastest growing segments and changes foreseen in the commercial real estate market – 2018 potential

Bartłomiej Sosna, , Construction Market Analyst, PMR

  • Leading segments in 2017 and development forecasts for 2018 – crucial changes
  • Key factors determining the growth of the non-residential construction market
  • Analysis of construction permits by segment and region
  • Strategies of the major investors and overview of key projects

15:15

Question and answer session

15:25

PANEL DISCUSSION – COMMERCIAL REAL ESTATE MARKET

Market condition, recent trends and development in the regions – impact of changes on investment strategies

Panel Moderator: Mira Kantor-Pikus, Partner, Equity, Debt & Structured Finance, Poland CUSHMAN & WAKEFIELD

Industry Experts:

Rafał Trusiewicz, President of the Management Board, KATHARSIS DEVELOPMENT

Michał Sternicki, General Director, AAREAL BANK AG in POLAND

George Fereira, Senior Project Manager, Grupa GSE

Marcin Panek, Capital Resources Director, Golub GetHouse

Mariusz Frąkiewicz, Country Manager, Avestus Real Estate

16:05

Question and answer session


RESIDENTIAL MARKET

16:15

LATEST PMR’S DATA AND FORECASTS

Poland against Europe: what comes after the boom? Most important trends, new indicators and possible scenarios in the residential market

Bartłomiej Sosna, , Construction Market Analyst, PMR

  • Scenario for 2018 – sharp slowdown or moderate adjustment?
  • Single-dwelling vs multi-dwelling buildings – Poland against Europe
  • Mieszkanie+: a real support scheme or another “3 million dwellings” promise?
  • Overview of the major investment projects, sales results and strategies of top real estate development companies

16:25

Question and answer session


16:35

PANEL DISCUSSION FOR DISTRIBUTORS AND MANUFACTURERS OF CONSTRUCTION MATERIALS

Prosperity in the residential sector and its impact on the construction materials market – prices, distribution and innovation in the new housing and upgrading segment

Panel Moderator: Marek Wielgo, Editor in Chief, MURATORPLUS.PL

Industry Experts:

dr Katarzyna Stefanide, General Director, BRICOMARCHE/ MGI POLAND

Piotr Kozina, Board Representative for Chain Management, GRUPA PSB

Jarosław Komorowski, President of the Management Board, GRUPA PHMB

Paweł Kisiel, Vice-President of Sales and Marketing , ATLAS

17:20

Question and answer session


17:30

COCTAIL PARTY in AVIATOR BAR & LOUNGE

Let’s conclude the intense day and continue chats in the outstanding company and inspiring atmosphere. A panoramic view of the city and casino-style surroundings will make the experience complete!

  

20:30

Closing of the Forum

OPINIONS ON THE FORUM

RELEASE OF PMR’S REPORT

Participants of the PMR Forum Construction Sector in Poland to be held in autumn will be first to become acquainted with data coming from the latest PMR report – Construction sector in Poland, H2 2017 – Market analysis and development forecasts 2017-2022. The report covers e.g.:

  • 200 largest investment projects planned in the key segments of the Polish construction market, including the value and timeframe of the projects
  • Development forecasts until 2022 for several largest sub-segments of the construction market
  • Financial results and order books of the leading contractors operating in Poland
  • Data regarding the market, such as wages, employment levels, price trends, business confidence index
  • Strategies of the major investors operating in the civil engineering construction market (roadways, railways, power sector, industrial sector)
  • Assessment of investment opportunities in the local government sector
  • Investment trends in the commercial construction segment (office space, hotels, shopping centres)

Partners

Honorary Patronage:





Industry Partner





Partners



Media Partners





CONTACT US

Do you need more information on the Forum?
Do you wish to find out more on promotion opportunities?

Please contact us:

Iryna Henher
T: +48 12 340 51 43
M: +48 601 800 405
E: iryna.henher@pmrcorporate.com

Bartek Bartnik
T: +48 12 340 51 44
M: + 48 669 893 000
E: bartek.bartnik@pmrcorporate.com



Time and venue:

Airport Okęcie Hotel
ul. 17 Stycznia 24, Warsaw
Start: 9:00 am




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