The construction industry has experienced exceptionally difficult times and the turn for the better has been waiting for itself. How are weak signals and subsurface ripples refined into reliable predictions? RT's chief economist relies on the business cycle group in his work, which brings to the table up-to-date information from all construction industries. Timo Suonsyrjä, chairman, Hartela's CFO Timo Suonsyrjä, tells more about the activities of the economic group.
What is the purpose of the Sudhanne group's activities?
Companies' strategies are built on the basis of as reliable financial information as possible. In order for RT's economic forecast for the construction sector to be reliable and comprehensive, companies' vision and know-how are needed. RT's chief economist gets to test his forecast with experts familiar with the construction industry in the business cycle group. Everyone benefits from cooperation. Together, we can produce clear information and arguments and bring facts to the fore. The work supports ensuring a sufficient construction volume.
Who are the group members?
There will be experts working on financial issues from all sectors of the construction and product industry. In addition, companies from construction services are represented.
What is the main agenda in the group during the next year?
The situation is still exceptionally difficult. The purpose is to explain the economic cycle to decision-makers and the general public: understanding increases the courage to build.
Describe the group in three words.
Active, knowledgeable, aware of his responsibilities
Why should you participate in RT's committees/workgroups?
Gets to influence the industry and its advocacy. The cooperation helps to understand the overall situation of the industry.
RT's economic group
- closely follows the development of the industry's business cycle
- transmits cyclical information in the direction of RT
- supports RT's economist in preparing regular economic reviews
- acts as a sparring partner when forecasting the development of the business cycle
On this page, we present RT's committees and working groups. RT's committees and working groups, consisting of representatives of member companies and RT's employees, are one key way for member companies to influence RT's operations. In addition to RT-level groups, industries also have their own committees and working groups.