Project companies in the Czech Republic are entering 2026 with cautious but mostly positive expectations. This is according to a recent CEEC Research survey of project companies, according to which companies expect an average growth in work volume of 2.2 % next year. A total of 72 % firms expect growth, while the rest predict a slight decline. The positive outlook is reflected in the expected development of sales. Project companies expect their revenues to grow by an average of 3.0 % in 2026, while 75 % of the surveyed firms expect revenue growth.
„In view of the data available to CEEC Research, the outlook for 2026 should be viewed with a degree of caution. In the civil engineering segment, we expect a rather moderately optimistic development across the market - for both smaller and larger project companies. This segment is benefiting from the growing demand for residential construction that we have seen in the past year, which is also creating a solid foundation for the period ahead. On the other hand, the outlook for transport infrastructure design companies is rather neutral in the short term,“ said Michal Vacek, Director of CEEC Research. 111 companies participated in the survey.
In terms of firm size, the different market dynamics are confirmed. Large project companies expect work volume growth of 1.3 % in 2026, while small and medium-sized companies are considerably more optimistic, forecasting growth of 2.7 %. A similar trend is also evident for revenues, with large companies expecting growth of 2.2 %, and smaller and medium-sized companies up to 3.4 %.
A more cautious view of the market development is being expressed by some of the big players. „We anticipate that the market as a whole will experience a slight downturn in 2026, slowing to a halt in growth to date. This is due to the consolidation of infrastructure construction financing. Within our company, we expect moderate revenue growth corresponding to organic growth, diversification of industries and increasing efficiency of work,“ says Ondřej Budík, CEO of HBH Projekt.
Fluctuations in traffic
Tomáš Slavíček, CEO of SUDOP GROUP, perceives the situation in a similar way, pointing to fluctuations in the transport construction industry: „2025 was a record year for project companies in the field of transport construction. Since the signing of contracts and the awarding of new contracts has already been suspended since September 2025, it is obvious that the results of the previous year will not be repeated. We will be satisfied if revenues are 5 percent lower.“
Long-term structural problems are highlighted by Ing. Robert Špalek, Chairman of the Czech Chamber of Authorized Engineers and Technicians Active in Construction (ČKAIT). Revenues are likely to follow inflation. At the same time, however, the gradual decline of experienced designers retiring and the long-term weak interest in technical disciplines will start to be reflected in prices. Fewer designers may put even more pressure on prices,„ warns Špalek.
Will there be a decline in 2027?
According to CEEC Research analysis, the short-term development confirms a rather stable situation. In the first quarter of this year, 30 % companies recorded a higher order volume than in the same period last year, 56 % reported a comparable level and 14 % companies reported a decrease.
„For 2027, our analyses even suggest a risk of a slight downturn unless there is a stronger recovery in investment activity. The key factors for further development will therefore be the state's pro-investment policy, continuity of public procurement and the ability to speed up the permitting process. It is these steps that will decide whether project preparation will once again become the driving force of the entire construction market or whether it will remain under the pressure of uncertainty,“ said Michal Vacek, Director of CEEC Research.
Jiří Uhlíř
PR Manager
CEEC Research s.r.o.
English 
Czech 
Spanish 
French 
Italian 
Russian 
Chinese 
German