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FOREWORD

Thomas Bauer
FIEC President
(2020-2022)

FIEC

FOREWORD

Kjetil Tonning
FIEC President
(2018-2020)

FIEC

FIEC MILESTONES 2019-2020

Discover FIEC Milestones timeline for 2019-2020

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1,324

BILLION

Total construction in 2019 (EU27)

9.5%

of EU27 GDP

43.2%

OF GROSS FIXED CAPITAL FORMATION

3

MILLION ENTERPRISES

95% are SMEs with fewer than 20 and 93% with fewer than 10 operatives

6.1%

of EU27 total employment

27.4%

of industrial employment

12.7

MILLION WORKERS

Multiplier effect:
1 person working in the construction industry
=
2 further persons working in other sectors