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Published: 5 October 2012

Turnover of large building construction enterprises from renovation building grew by 5 per cent year-on-year

Building construction enterprises generated a turnover of EUR 4.6 billion from renovation building in 2011. The turnover from renovation building grew by 5.2 per cent from the level of 2010. These data are based on Statistics Finland statistics on building construction enterprises’ renovation building.

Renovation building targets of large construction enterprises 2011

Renovation building targets of large construction enterprises 2011

In 2011 the turnover of building construction enterprises with at least ten employees amounted to EUR 13.9 billion. The turnover from newbuilding increased by 3.5 per cent from 2010. Newbuilding generated 67 per cent and renovation building 33 per cent of the total turnover of building construction.

Enterprises in the industry of building construction accounted for 48 per cent of the turnover of renovations. The turnover from renovations in specialised construction made up 52 per cent of the total.

The turnover from renovation building in the industry of building construction grew by nearly 16 per cent from 2010. In specialised construction activities the turnover from renovations went down by around three per cent.

Around 65 per cent of the turnover generated by the building construction enterprises included in the inquiry from renovations concerned others than renovations of residential buildings. The turnover from renovations of residential buildings made up 35 per cent of the total.

The statistics on construction enterprises' renovation building are based on a sample of building construction enterprises with at least ten employees. The inquiry comprises approximately 410 enterprises. The population of the inquiry was enlarged in 2009 so the data are not comparable with those concerning earlier years.


Source: Renovation of building construction enterprises. Statistics Finland

Inquiries: Kaj Isaksson 09 1734 3633, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Updated 5.10.2012

Referencing instructions:

Official Statistics of Finland (OSF): Renovation building [e-publication].
ISSN=1799-2974. Renovation of building construction enterprises 2011. Helsinki: Statistics Finland [referred: 19.3.2024].
Access method: http://www.stat.fi/til/kora/2011/02/kora_2011_02_2012-10-05_tie_002_en.html