16. July 2001 at 00:00

Hopes end for construction sector recovery

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TASR , SITA ,

Newswire

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Production in the construction sector grew only 0.25% in May year-on-year, down from double figures only two months before, ending hopes of a continued recovery for the sector after its 1999 crash.

The sector had seen a boom under the previous government of Vladimír Mečiar, who introduced a massive programme of highway construction. However, the current government cancelled the programme when it came to power in late 1998. The industry has since struggled.

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