The construction industry in the V4 region could be on track for growth this year, according to ÉVOSZ.

The announcement sent to ÉVOSZ MTI quotes Chairman László Koji, who says that the emphasis is on large state and energy investments, while housing construction is slowly finding its feet, with the sector having to contend with chronic labour shortages and consistently high cost levels.

Industrial investments drive the sector

According to forecasts, Poland will remain the region's growth engine, with the construction market valued at over €95 billion in 2026, generating annual growth of over 5 per cent. Growth will be driven by major public projects, including the development of the transport network around the Central Communication Port (CPK), as well as nuclear and offshore wind energy investments aimed at achieving energy independence, while the housing market will be buoyed by government support programmes and a structural housing shortage.

The construction industry in Slovakia can expect dynamic growth, with an average annual increase of 4.2 per cent expected between 2026 and 2029. This growth will be driven by civil engineering projects, the development of industrial facilities and energy investments, such as the expansion of nuclear power plants and an increase in the share of renewable energy.

In the Czech Republic, the construction industry could achieve 2.4 per cent growth in 2026 following the recession, but critical labour shortages and regulatory uncertainties are holding back faster expansion. The market is primarily driven by public infrastructure investments, such as motorway and railway construction, while the private sector's appetite for investment is only gradually returning, according to reports.

Housing construction may also play a role in our country

In Hungary, growth is being driven by civil engineering and industrial investments, including investments in the automotive and battery manufacturing industries, the Paks II project and the expansion of solar energy capacities. Housing construction is stimulated by home creation subsidies, while EU-funded energy upgrades and infrastructure developments could stabilise the sector's performance, they wrote.

According to the summary of ÉVOSZ, 2026 could be a year of gradual consolidation and a new growth cycle for the construction industry in the region. Despite the favourable outlook, labour shortages and high costs will continue to require disciplined annual planning and adaptability from industry players.