GVH: competition in brick production could improve

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Construction

Competition in brick production could improve and market concentration could be offset by state incentives to expand domestic manufacturing, the Hungarian Competition Authority (GVH) said yesterday in a statement on its brick market survey, according to profitline.hu.

According to the announcement, the completed sector inquiry covered all levels of the value chain.

GVH examined the market behavior of brick manufacturers, buying associations playing an important role in the market, building material retailers and contractors. He added that industry players were able to comment on the draft public summary of the study’s findings during a public consultation.

GVH has included the comments of the companies in its report.

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