Cristian Erbaşu: It Is Possible to See Tens of Thousands of Redundancies in the Next Period, but Also Salary Cuts. Romanian Builders Have to Recover More than 1 Billion Euros From the Romanian State on Contracts on PNRR
14 Articles
14 Articles
Cristian Erbaşu estimates that tens of thousands of Romanians employed in construction could be kicked out and that companies that will be able to continue their work could be forced to lower their wages. Article Tens of thousands of construction workers could remain unemployed. Cristian Erbaşu's grim warning first appears on Romania TV.
Romanian builders have to recover more than 1 billion euros from the Romanian state on contracts on the PNRR, and tens of thousands of construction workers could lose their jobs, but it is possible to see also wage cuts, said Cristian Erbaşu, president of the Federation of Employers of Construction Companies and Director General of Construction Erbaşu, at the conference in Sinaia.
Construction crisis. Insolvencies have doubled, and tens of thousands of employees risk being fired. Cristian Erbaşu, President of the Federation of Employers of Construction Companies (FPSC), also warns about wage cuts.
Romanian builders still have more than 1 billion euros to recover from contracts carried out through the PNRR, and tens of thousands of workers in the field risk losing their jobs in the next period. The warning comes from Cristian Erbaşu, the director general of the Erbaşu Construction. It talked about a sector blocked between debts [...]
The construction sector will face a difficult period, after a strong growth, as a result of the completion of infrastructure projects with European funds and the lack of new implementing contracts to ensure the work of the builders, warns Cristian Erbaşu, owner of the company Erbașu Construction and president of the Federation of Builders, which compares the situation with that of 2008.
Romanian constructors have to recover more than a billion euros for PNRR projects, but there are still quite large debts recorded in other projects, such as Anghel Saligny, in which the local authorities have quite a lot of payment to the construction companies, declared, Friday, the president of the Federation of Construction Companies (FPSC), Cristian Erbaşu, at a specialized event.
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