Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – Article presents the essence and the causes and consequences of contemporary financial crisis, which identify blacksmiths in his work Economics crisis Nourirl Roubini and Stephen Mihm. In the light of this concept, the situation of the Polish economy using the macro-nomic indicators in 2005 and 2011, i.e. In the period which includes the recent crisis. The change of these indicators has been related to changes in selected financial indicators of construction companies, which as a sector of the material, not a financial or virtual branch of the economy, should be immune to the effects of kinks economy. Design/methodology/approach – Assets and financial situation of the construction industry in 2005–2011 was established on the basis of extensively studied the test of 116 representative firms using financial ratios. Then compared with the macroeconomic data published by the Central Statistical Office. Findings – Situation of the construction industry has changed negatively in 2008–2009 as a response to negative changes in the macroeconomic situation of the Polish economy. Originality/value – Analysis of the impact of the global crisis on the Polish economy and your chosen industry.