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MIL OSI Translation. Region: Germany / Deutschland –

Source: Destatis Federal Statistical Office

Investments in property, plant and equipment at the highest level since 1995

Press release No. 517 from December 17, 2020

WIESBADEN – In 2019, construction companies in Germany with 20 and more employees invested just under 5.0 billion euros in property, plant and equipment. As reported by the Federal Statistical Office (Destatis), that was 290 million euros more than in 2018 (+ 6.2%). The investment volume thus reached its highest level in 24 years (1995: 4.7 billion euros).

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Investments in property, plant and equipment (e.g. construction machinery, equipment and buildings) have increased year-on-year in almost all branches of the construction industry. The strongest relative increases were in the other civil engineering sectors with + 17.1% to 397 million euros, underground pipeline engineering with + 16.8% to 537 million euros and in building installations with + 11.3% to 881 million euros.

Investments in property, plant and equipment declined compared to 2018 in the road construction industry by -5.8% to 904 million euros and in other expansion by -2.1% to 279 million euros.

Investments in construction 2019 1
No.2
Industry
Investments in property, plant and equipment in millions of euros
Change compared to the previous year
2019
2018
in %
Legal units with 20 or more employees. Classification of economic sectors, edition 2008 (WZ 2008).
F.
Construction without development of land, property developers
4 999
4,708
6.2

from that:
41.2
Construction of buildings
1 019
955
6.7
42.1
Construction of roads and railways
904
960
-5.8
42.2
Underground pipeline engineering and sewage treatment plant construction
537
460
16.8
42.9
Other civil engineering
397
339
17.1
43.1
Demolition work and preparatory construction site work
228
209
8.9
43.2
Building installation
881
791
11.3
43.3
Other expansion
279
285
-2.1
43.9
Other specialized construction activities
755
708
6.7

Basic data can be found in the tables for structural surveys in the construction sector 442 can be called up in the GENESIS-Online database.

Methodological notes: In this press release, companies are understood to be legal entities. These are defined as the smallest legally independent units that keep books for commercial or tax law reasons. The construction industry is shown here without the development of land and without property developers.

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EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

MIL Translation OSI