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Booming Construction Business in the Czech Republic Builds a Case for the Environmental and Building Technologies Industry - The three-part series addressing the Czech Republic Environmental and Building Technologies Industry is part of the Frost & Sullivan Energy Growth Partnership Service
Booming Construction Business in the Czech Republic Builds a Case for the Environmental and Building Technologies Industry

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/10/11 - The three-part series addressing the Czech Republic Environmental and Building Technologies Industry is part of the Frost & Sullivan Energy Growth Partnership Service.

   
 
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Encouraged by increasing Government support, establishment of energy standards, proposed tax incentives, commitment to EU environmental standards, the Czech Republic environmental and building technologies (EBT) industry is growing fast and it is offering huge and interesting growth opportunities. Particularly, the building technologies industry is riding high with numerous low-cost and low-energy buildings springing up in the major cities.

New Country Industry Forecasts from the Frost & Sullivan Economic Research and Analytics (ERA) team addressing the Czech Republic Environmental and Building Technologies Industry reveal that for the building technologies industry there are huge opportunities in retrofitting of building management control systems (BMCS) and integration of various functions with energy-efficient technologies for HVAC and lighting equipment.

Domestic laws governing environmental protection are molding the emerging EBT industry. The country’s accession to the EU has caused it to redefine its priorities and accelerate the process of environmental management. The Government has stressed on participation in the EU’s policymaking process, especially for the environmental industry. Domestically, it has been actively promoting environmental impact assessment, water and wastewater treatment, and solid waste management.

“The Government encourages new construction in infrastructural projects and adoption of the latest building technologies in such projects,” says Archana Amarnath, Frost & Sullivan Research Analyst for the ERA group. “It has been primarily focusing on the lighting equipment segment and the national policy for combating light pollution has successfully influenced industry participants to adhere to quality standards.”

The Government has been looking to channel EU funds mainly toward projects aimed at environmental protection. These projects include setting up of water and wastewater treatment systems and upgrades of water supply network. It has also pushed for eco-friendly products and cleaner development mechanisms.

The Czech Republic has one of the most stable economies among Central and Eastern European countries. The gross domestic product (GDP) is expected to grow between 3.0 and 4.5 percent in 2007. After the transition to a market economy, private companies gradually bought many EBT companies that were previously owned by the Government.

The industry is now facing a huge wave of privatization and this trend is expected to stimulate demand and improve the quality of environmental equipment and services. There is also a gradual shift in Government policies from ‘end-of-pipe technologies’ to waste minimization and pollution prevention at source.

The industry majors are mostly large multinational groups. Most local enterprises are partially owned by Western European companies and they usually get local contracts with suppliers and manufacturers. Environmental companies need to leverage their services and expertise in recycling, soil remediation, hazardous waste collection and management, and dioxin remediation for chemical industries.

Until 2006, equipment manufacturers accounted for most of the R&D activities. The industry can further its technological advances efforts by inviting foreign participation in R&D and increasing industrial R&D.

“The water and wastewater treatment equipment sub-segment enjoys prime focus among the sub-segments of the Czech Republic environmental industry,” notes Amarnath. “Almost all municipalities possess the two-stage water treatment facilities.”

There have been immense infrastructural developments in the EBT industry, with municipalities and other Government bodies aiding turnkey projects and integration with private companies.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest political, economic, and social analysis of the Czech Republic EBT Industry then send an email to Chiara Carella, Corporate Communications, at chiara.carella[.]frost.com with your full name, company name, title, telephone number, email address, city, state, and country. We will send you the overview by email upon receipt of the above information.

The three-part series addressing the Czech Republic Environmental and Building Technologies Industry is part of the Frost & Sullivan Energy Growth Partnership Service. The Political and Policy Analysis of the Czech Republic Environmental and Building Technologies Industry provides a detailed coverage of the political establishment, general economic and industry-specific policies, and their impact on the industry. The Economic Analysis provides an overview of the market size, a discussion of drivers as well as restraints, and an analysis of market structure in the context of the overall Czech economy. The Social, Infrastructure, and Labor Analysis studies the labor market dynamics, infrastructure conditions, and consumption profile of end users. Analyst interviews and briefings to the press are available.

Frost & Sullivan’s Country Industry Forecast research provides a unique country-specific perspective on various industries. The valuable Country-Industry Linkage includes in-depth analyses and forecasts.

The Frost & Sullivan Economic Research and Analytics team provides research focused on timely and critical sociometric, econometric, demographic, political, and regulatory information for specific countries by industry. It produces research services, economic impact articles, and economic updates that discuss relevant and critical economic trends.

About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
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Booming Construction Business in the Czech Republic Builds a Case for the Environmental and Building Technologies Industry

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