{"id":5843,"date":"2018-07-17T13:21:15","date_gmt":"2018-07-17T11:21:15","guid":{"rendered":"http:\/\/pmr-restrukturyzacje.local\/pmr\/przed-nami-kolejna-fala-upadlosci-w-budownictwie\/"},"modified":"2018-07-17T13:21:15","modified_gmt":"2018-07-17T11:21:15","slug":"we-are-facing-another-wave-of-bankruptcies-in-the-construction-industry","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/we-are-facing-another-wave-of-bankruptcies-in-the-construction-industry\/","title":{"rendered":"Another wave of construction insolvencies ahead?"},"content":{"rendered":"<p>The Polish construction industry is facing a cumulative set of unfavourable factors. Companies are struggling with rising material costs, falling investment profitability and payment backlogs. The situation is made worse by difficulties in finding employees, compounded by fiscal changes funded by the government. Analysts are warning that a wave of <a href=\"https:\/\/pmrsa.pl\/en\/does-filing-for-bankruptcy-suspend-enforcement-2\/\"  data-wpil-monitor-id=\"1163\">bankruptcy<\/a> in the industry.<\/p>\n<p>The construction industry's fears about the disastrous effects of the accumulation of investments are beginning to be confirmed by the data. According to the latest Coface report, average payment delays in the construction industry have already reached 116 days, 32 days more than last year.<\/p>\n<p>As the liquidity of companies deteriorates, it increases noticeably <a href=\"https:\/\/pmrsa.pl\/en\/record-number-of-consumer-bankruptcies-in-2023-or-will-2024-bring-changes\/\"  data-wpil-monitor-id=\"226\">number of bankruptcies<\/a> in the construction industry \u2013 by 18 percent in the first half of 2018, which accounted for 55 percent of all <a href=\"https:\/\/pmrsa.pl\/en\/important-information-about-consumer-bankruptcy-in-poland\/\">Bankruptcy in Poland<\/a>.<\/p>\n<div class=\"ramka1\">\u2013 We are observing the overlap of several unfavourable factors at the same time \u2013 says Ma\u0142gorzata Anisimowicz, president <a href=\"https:\/\/pmrsa.pl\/en\/pmr-announcement-restructuring-sa-3\/\"  data-wpil-monitor-id=\"1590\">PMR Restructuring<\/a>. \u2013 Rising material costs, falling investment profitability, <a href=\"https:\/\/pmrsa.pl\/en\/payment-backlogs-it-sector-debt-increased-by-one-fifth\/\"  data-wpil-monitor-id=\"441\">payment backlogs<\/a> and difficulties in finding employees are also exacerbated by fiscal changes, such as reverse VAT and split payment. The only good news for the industry is the unwavering demand, he adds.<\/div>\n<p>According to experts <a href=\"https:\/\/pmrsa.pl\/en\/pmr-announcement-restructuring-sa-2\/\"  data-wpil-monitor-id=\"2187\">PMR Restructuring<\/a> a significant increase in the number of bankruptcy and restructuring applications in the construction industry is expected already in the autumn of this year. Local government elections will also have a negative impact on the state of many companies, because - in their opinion - many investments will be frozen and new ones will not be undertaken until the end of the year.<\/p>\n<div class=\"stopka1\"><b>The material appeared on propertynews.co.uk:<br \/>\n<img decoding=\"async\" src=\"\/wp-content\/uploads\/2023\/07\/propertynewspl.png\" title=\"\"><\/b><br \/>\n16 July 2018:<br \/>\n<a class=\"alink\" href=\"http:\/\/www.propertynews.pl\/wykonawstwo-i-uslugi\/przed-nami-kolejna-fala-upadlosci-w-budownictwie,65624.html\" target=\"_blank\" rel=\"noopener\">\" Another wave of construction insolvencies ahead?<\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Polska bran\u017ca budowlana znalaz\u0142a si\u0119 w obliczu kumulacji niesprzyjaj\u0105cych czynnik\u00f3w. Firmy borykaj\u0105 si\u0119 z rosn\u0105cymi kosztami materia\u0142\u00f3w, spadaj\u0105c\u0105 rentowno\u015bci\u0105 inwestycji [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[],"ppma_author":[30],"class_list":["post-5843","post","type-post","status-publish","format-standard","hentry","category-blog"],"authors":[{"term_id":30,"user_id":12,"is_guest":0,"slug":"teampmr-restructuring-pl","display_name":"Zesp\u00f3\u0142 PMR","avatar_url":{"url":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png","url2x":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png"},"author_category":"","first_name":"Zesp\u00f3\u0142 PMR","last_name":"","user_url":"","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/5843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/comments?post=5843"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/5843\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=5843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=5843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=5843"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=5843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}