The impact of the increase in raw material prices on costs in the construction sector in the city of Osijek
DOI:
https://doi.org/10.46793/ICEMIT23.257PRKeywords:
construction sector, prices of raw materials, costs in constructionAbstract
The price increase of raw materials over the past few years has greatly affected the costs in construction. Construction as a business branch is defined as a technical, applied science, but also an economic branch that primarily deals with the technical and technological aspects of building construction. It will be shown to what extent the environment and foreign policy influence the price of materials in the construction sector. The price of the base material and raw materials will be compared over several years. Publications, magazines and books will be used to create this research. Primary and quantitative research will show the impact of price increases on costs, on a sample of 9 construction companies in the area of Eastern Slavonia and the city of Osijek. Environments, foreign political conditions and commercial threats will be analyzed in this research.
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