FIRST RELEASE		CROATIAN BUREAU OF STATISTICS 10000 ZAGREB, ILICA 3, PHONE: +385 1 4806-111, P.O.B. 80, CROATIA ISSN 1334-0565
YEAR: XLV.	ZAGREB, 12 MARCH, 2009		NUMBER: 3.1.2/4.
				OBLIGED TO NOTIFY DATA SOURCE

COMPLETED CONSTRUCTION WORKS, ORDERS AND RESIDENTIAL BUILDING,

LEGAL ENTITIES EMPLOYING 20 OR MORE PERSONS, FOURTH quarter of 2008

The value of new orders:

-  in the fourth quarter of 2008 decreased by 31.2%, as compared to the same period of 2007

-  in the period from January to December 2008 decreased by 5.3%, as compared to the same period of 2007.

The value of construction works done:

-  in the fourth quarter of 2008 increased by 13.6%, as compared to the same period of 2007

-  in the period from January to December 2008 increased by 18.3%, as compared to the same period of 2007.

in the period from January to December 2008, construction companies employing 20 or more persons completed 7 875 dwellings, which was by 30.1% more than in the same period of 2007.

At the end of December 2008, these companies were working on 12 858 dwellings (uncompleted dwellings), which was by 13.3% more than in the same period of 2007.

1.   INDICES OF CONSTRUCTION WORKS ON TERRITORY OF REPUBLIC OF CROATIA

	Indices
	X. – XII. 2008. VII. – IX. 2008.	X. – XII. 2008. X. – XII. 2007.	I. – XII. 2008. I. – XII. 2007.	X. – XII. 2008. Ø 2007.
Value of new orders	107,3	68,8	94,7	103,8
Value of construction works done	100,6	113,6	118,3	132,3
Completed dwellings	232,1	147,4	130,1	203,8

2.   NEW ORDERS OF CONSTRUCTION WORKS ON TERRITORY OF REPUBLIC OF CROATIA

Thousand kuna

	Value of new orders	Value of new orders, by type of constructions
		On buildings	On civil engineering works
I. – III. 2008.	5 986 795	2 904 396	3 082 399
IV. – VI. 2008.	6 371 636	2 571 098	3 800 538
VII. – IX. 2008.	6 700 040	3 315 135	3 384 905
X. – XII. 2008.	7 190 557	3 490 594	3 699 963
I. – XII. 2008.	26 249 028	12 281 223	13 967 805

3.   VALUE OF CONSTRUCTION WORKS DONE AND BUILDING MATERIAL, COMPLETE UNITS AND STRUCTURES AND PROPULSION
      MATERIAL USED

Thousand kuna

	Value of construction works done			Value of building material, complete units and structures and propulsion material used
	Total	Works done with own workers	Works done with sub-contractors
I. – III. 2008.	6 354 972	4 314 917	2 040 055	1 844 362
IV. – VI. 2008.	8 868 507	5 980 962	2 887 545	2 720 401
VII. – IX. 2008.	9 682 761	6 461 783	3 220 978	2 967 971
X. – XII. 2008.	10 009 074	6 502 657	3 506 417	2 821 658
I. – XII. 2008.	34 915 314	23 260 319	11 654 995	10 354 392

4.   VALUE OF CONSTRUCTION WORKS DONE WITH OWN WORKERS, BY TYPE OF CONSTRUCTIONS AND WORKS

	Total, thousand kuna	Composition of value of construction works done by type of works, %
		Total	New constructions	Other works^1)
X. – XII. 2008.
Total	6 502 657	100,0	63,9	36,1
On buildings	2 859 123	44,0	34,0	10,0
On civil engineering works	3 643 534	56,0	29,9	26,1
I. – XII. 2008.
Total	23 260 319	100,0	66,7	33,3
On buildings	10 581 923	45,5	35,8	9,7
On civil engineering works	12 678 396	54,5	30,9	23,6

1)    Reconstructions, maintenance and repair works of existing buildings

5.   RESIDENTIAL BUILDING¹⁾, JANUARY – DECEMBER 2008

		Completed dwellings		Number of uncompleted dwellings^2)
		number	useful floor area, m^2
I. – XII. 2008.		7 875	540 543	12 858
I. – XII. 2007.		6 054	423 126	11 344
Indices	I. – XII. 2008. I. – XII. 2007.	130,1	127,7	113,3

1)    Including only new dwellings built by contractors covered by quarterly reports

2)    Situation at the end of the reference quarter

NOTES ON METHODOLOGY

Sources and methods of data collection

Data on construction presented in this publication are collected through reporting methods by using the Monthly Report on Construction (GRAĐ-21/M form) and the Quarterly Report on Construction (GRAĐ-21/3M form).

Coverage and comparability

The Monthly and the Quarterly Report on Construction are collected from legal entities and parts thereof employing 20 or more persons  classified in the Register of Business Entities, according to the NKD 2002. into section F Construction. About 900 reporting units are included in the average annual dynamics.

Data refer to all construction works (new constructions and reconstructions, maintenance and repair works on existing constructions) done on the territory of the Republic of Croatia.

The coverage of construction activities is harmonised with section F Construction in the NKD 2002. (NN, No. 13/03). Constructions and works are classified according to the Classifications of Types of Constructions − KVG (NN, No. 11/98). Both classifications are harmonised with appropriate classifications prescribed by Eurostat (NACE rev. 1.1; Classifications of Types of Constructions – CC, final version).

Definitions

Value of construction works are presented in current prices and includes work actually done during the reporting period, irrespective of whether they are paid for or not.

Value of construction works done includes the value of work, building material, complete units and structures, propulsion material and electricity, expenses of construction machinery and equipment and other expenses relating to the work.

Value of construction works done excludes value added tax, purchase costs of the land, project costs, surveying of land and supervising of services.

The value of new orders is the total value of contracts made in a reference month with ordering parties. An order is considered to be made on the day when a contract is signed between the ordering party and the contractor.

New orders also include works done by constructor on own account and for sale (business premises and dwellings). Referring to constructions on own account and for sale, it is assumed that an “order” is placed on the day when works have actually started and that presumed value of works is included.

Data on the number and on useful floor space of completed dwellings and the number of uncompleted dwellings are collected from the main contractors who have a direct contract with investors (or build for own account, sale etc.).

The number of (completed or uncompleted) dwellings include only newly built dwellings, that is, dwellings in new buildings as well as extended or additional dwellings on existing buildings, if built as new housing units.

Dwellings under reconstruction due to war damages are presented as new dwellings only in the case if built from the fundamentals, irrespective of whether they had previously been destroyed or with a partially conserved facade. These are, for example, buildings, or dwellings, with the type of damage graded 5 or 6.

Data on completed dwellings refer to all dwellings completed in the course of the reference period, irrespective of when the works on them had been started. The situation of uncompleted dwellings is reported at the end of the reference period.

More detailed methodology notes of these inquiries are published in Narodne novine (NN) No. 11/98.

Abbreviations

etc.                and so on (from Latin: et cetera)

NKD 2002.   National Classification of Activities, 2002 version

NN                          Narodne novine, official gazette of the Republic of Croatia