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Thuringia's Construction Industry Faces 16.8% Drop in Contracts

The construction industry in Thuringia is in crisis. A 16.8% drop in contracts has left the sector desperate for increased investment and improved procedures.

, and Administrator

2025 October 27 . 9:01 AM

1 min read

In the image there is a building in the back with long steps in front of it and there are trees on... — In the image there is a building in the back with long steps in front of it and there are trees on either side and above its sky with clouds.

Thuringian Construction Industry Continues to Struggle with Order Situation - Thuringia's Construction Industry Faces 16.8% Drop in Contracts

Thuringia's construction industry is grappling with a significant downturn. In the first eight months of 2023, the total value of contracts secured by major players in the industry plummeted by 16.8% compared to the same period last year, reaching approximately €1.44 billion. Burkhard Siebert, a key figure in the industry, has raised alarm bells about the situation.

The decline in contracts has left the industry in a state of crisis. Siebert, the managing director of the Hesse-Thuringia Construction Industry Association, has attributed this downturn to a lack of promised investment in infrastructure renewal and residential construction. He has called for reliable and timely federal, state, and municipal investments to help the struggling sector.

Siebert also highlighted the need for streamlined tendering and planning procedures. He believes that efficient processes could help boost the industry's fortunes and attract more contracts.

The construction industry in Thuringia is facing a challenging period due to a significant drop in contracts. Burkhard Siebert, a prominent voice in the industry, has urged for increased investment and improved procedures to help the sector recover. The total value of contracts secured in the first eight months of 2023 stands at around €1.44 billion, reflecting the industry's current predicament.