Companies are looking for ways out of the crisis

by time news

2023-06-19 07:26:39

Federal Bank

The Bundesbank is renovating the existing building as planned. The plans for the new buildings, on the other hand, have been radically cut.

(Photo: dpa)

Dusseldorf The crisis on Germany’s construction sites is becoming increasingly clear: companies are losing orders – especially in residential construction. In March 2023, the Federal Statistical Office registered a decline of more than a third compared to the same month last year. Projects are being delayed across the real estate industry. In addition, fewer areas are planned.

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