September 2025 delivered long-awaited signs of revival in the construction sector. After months of stagnation, data from Statistics Poland (GUS) and the Credit Information Bureau (BIK) offer grounds for cautious optimism as we look toward the end of the year. While it is still too early to speak of a lasting breakthrough, current trends indicate that the market is slowly beginning to emerge from its slump.
According to data from the Central Statistical Office, construction and assembly output in September was 0.2% higher than a year earlier, marking a reversal of the previous downward trend. Compared to the previous month, gains were particularly notable in specialized construction works (+23.7%) and infrastructure projects related to civil engineering and water structures (+28.9%). These figures confirm that infrastructure segments are currently driving activity in the industry.
At the same time, a report from the Credit Information Bureau shows that in September, the number of housing loans issued increased by 52.4% year-on-year, while their total value surged by as much as 62.8%. The total financing value reached a record 10.67 billion PLN, demonstrating that improving creditworthiness and lower interest rates are beginning to translate into real purchasing decisions. Such a high level of lending activity hasn’t been seen for a long time and serves as an important indicator not only for the financial sector but also for the entire construction supply chain – from developers to materials manufacturers.
Nevertheless, we must remember that rebuilding the sector after such a prolonged slowdown will take time. A limited number of new building permits and cautious institutional investors suggest that full recovery may be gradual.
Looking ahead to the coming quarters, infrastructure investments will have the greatest long-term impact. Mild optimism is supported by recent statements from the General Directorate for National Roads and Motorways (GDDKiA), which plans to announce tenders in 2026 for approximately 300 km of roads worth 12 billion PLN, with a further increase to 480 km in 2027. These are important stimuli, but long-term sector stability will also depend on local government, industrial, and energy investments – especially those related to energy efficiency and facility modernization.
We can therefore speak today of the first, modest symptoms of recovery – both on the consumer demand side and in investment activity. Yet, after such a prolonged crisis, caution is necessary when interpreting these data. From Selena Group’s perspective, we look to the future with measured optimism, focusing on continued innovation, exports, and both geographic and product diversification – particularly in the development of thermal and waterproofing solutions. Our forecasts indicate that these areas will determine the strength of Poland’s construction sector in the coming months, and even years.
