Construction Sector Decline Drives Major Romanian-Held Builders Into Insolvency

08.19.2015 By Andreea Neferu

Eight major Romanian-held builders, whose cumulated revenue would reach about 3.6 billion lei (EUR814 million) in their heyday, have gone insolvent in the past three years, given the 40% decline of the construction sector during the crisis.

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Keywords:
builder
, construction
, insolvency