Managing Director & Partner bei Boston Consulting Group (BCG) | Global Climate & Sustainability Lead for Materials & Process Industries
Diving into the complexities of the European construction industry, our team at BCG has researched the myriad challenges currently facing this vital sector in our latest whitepaper, available here: https://lnkd.in/dPhBwtyi. We're at a critical juncture. The industry is navigating through unprecedented challenges, including a steep decline in residential new builds and escalating financial distress. The situation calls for a strategic shift towards addressing structural challenges, promoting green growth, and leveraging innovative solutions. Our research proposes a multifaceted strategy to overcome these obstacles, emphasizing the need for easier loan access, reduced construction costs, streamlined regulations, and increased government involvement. By fostering dialogue and implementing these strategies, we aim to pave the way for a sustainable and resilient construction industry in Europe. The paper has already initiated important conversations across the industry and beyond, indicating the urgency and relevance of our insights, such as a feature in the German tier one media WirtschaftsWoche: https://lnkd.in/dDqMq5jC Lucian Morariu; Christoph Hilberath; Johannes Blauhuth; Dr. Patrick Fried #IndustrialGoods #ConstructionCrisis #BCG
