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Published: 7 November 2008

Turnover of large building construction enterprises from renovation building grew by nearly 7 per cent in 2007

The turnover from renovation building of building construction enterprises with at least 20 employees totalled EUR 2.6 billion in 2007, which is 6.7 per cent up from the year before. The total turnover of the largest building construction enterprises was EUR 9.4 billion, of which renovation building accounted for 27 per cent. These data are based on Statistics Finland statistics on building construction enterprises' renovation building.

Building construction is divided into two industry classes: actual building construction and building installation and completion. Turnover from renovation building made up roughly one-half of the total turnover in each of these two industries. In the building construction industry renovation building stayed nearly level with the year before (-1.5 per cent). By contrast, the turnover of the building installation and completion industry grew by 15.9 per cent from the year 2006.

In large building construction enterprises the proportion of renovation building averages roughly one-fifth of total turnover. In building installation and completion enterprises the proportion of renovations of total turnover was nearly 50 per cent.

Development in the turnover from renovation building of the largest building construction enterprises, 2000-2007

The statistics on construction enterprises' renovation building is based on an inquiry covering all building construction enterprises with at least 20 employees. There are approximately 800 such enterprises.

Source: Manufacturing and construction, construction enterprises' renovation building 2008. Statistics Finland

Inquiries: Mr Kaj Isaksson +358 9 1734 3633,

Director in charge: Ms Hannele Orjala


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Last updated 7.11.2008

Referencing instructions:

Official Statistics of Finland (OSF): Renovation building [e-publication].
ISSN=1799-2974. Renovation of building construction enterprises 2007. Helsinki: Statistics Finland [referred: 28.9.2023].
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