The Construction Sector at the Zagreb Stock Exchange (ZSE)

Construction is an important part of any economy that employs a significant part of the workforce and has a number of accompanying activities. The construction sector is very sensitive to investment cycles, and it has been through a turbulent period in the last ten years. The impact of the crisis on construction is mostly reflected in the decline in real estate demand, resulting in a fall in the construction sector itself. The aim of this paper is to analyze the movement of shares of construction companies on the Zagreb Stock Exchange and to observe and analyze the reasons why very few companies from this sector are included in the same. Although construction companies find it difficult to find favorable bank loans because banks are reluctant to follow project funding, it is still difficult to open up capital and attract investors through the IPO, which would greatly facilitate financing of business and growth.