the real specter of bankruptcy of companies is visible

  • Subcontractors threaten to leave construction sites if their contracts are not renegotiated
  • They demand clear provisions in the law that would oblige them to index their contracts
  • – In the longer term, none of the entrepreneurs will be able to financially continue the contracts without salary indexation – comments the president of one of the companies
  • – This is a straightforward path to bankruptcy, bankruptcies and mass layoffs – he adds
  • More such information can be found on the main page of

Increases in the prices of materials, fuels and wages are hitting companies operating in the construction industry, especially subcontractors. As the industry reports, for example since the beginning of the year, formwork materials have increased by 70 percent. Eclectic energy increased by 60% and salaries increased by 20%. At the worst moment, steel increased more than three times. Therefore, entrepreneurs call for urgent implementation of changes in the law. According to the Ministry of Development and Technology (Ministry of Development and Technology), consultations on the draft law on the valorization of contracts are currently underway. The ministry wants to complete the stage of preparing the regulations and start the legislative process as soon as possible. The expected date of entry into force is still the third quarter of 2022.

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