Construction crisis drives next company into bankruptcy: projects are on hold. As of: March 7, 2024, 4:16 p.m By: Amy Walker CommentsPressSplit The construction industry is under massive pressure, increased costs and interest rates are causing demand to plummet.
An explosive bankruptcy in Lower Saxony is making people sit up and take notice. Helma Hausebau AG, which filed for bankruptcy on Monday (March 5), now also joins this series. The company has filed proceedings for insolvency at the Gifhorn district court.