Medium-sized businesses: Goldbeck defies the downturn in housing construction
The Bielefeld-based family business is achieving a record in incoming orders, while sales remain stable. This reveals a dilemma that is not only plaguing the German construction industry.
Germany's construction industry is in crisis, with the Ifo Institute predicting only 185,000 new buildings in 2026, the lowest in many years. Despite this, the Goldbeck construction company reported a record 7.3 billion euros in new orders in the last financial year, with residential construction orders increasing to over 1 billion euros.
Goldbeck's owners expect the company's turnover to reach at least 7 billion euros in the current financial year. The company attributes its success to its modular construction method, which reduces costs and construction time, and plans to expand in Europe and the US, particularly in the data centre sector.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
