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Byggenæringen i krise: – Selger maskiner for å ha råd til lønn

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Byggenæringen i krise: – Selger maskiner for å ha råd til lønn

The construction industry is facing a severe crisis, with many companies opting to sell their machinery to pay workers' wages, according to the Maskinentreprenørforbund (MEF). Despite a decline in bankruptcy statistics, the situation remains dire, with numerous firms choosing early retirement rather than waiting for eventual insolvency.

MEF's head of membership, Sverre Huse-Fagerlie, reveals that businesses are selling construction equipment to stay afloat, indicating a desperate struggle to maintain operations. The construction market has worsened over the past year, with job opportunities concentrated around large contractors and major projects. However, many members fear downsizing, as they simply do not have enough work to keep them afloat.

This crisis is particularly acute in northern regions, where specialized craftsmanship may be lost due to inability to sustain operations. While bankruptcy rates have decreased overall, the number of closures and insolvencies has risen, negatively impacting employment levels. Fagerlie emphasizes that the industry faces significant challenges, including new regulations and reporting requirements, which place additional burdens on businesses.

The construction sector's future remains uncertain, with many anticipating a prolonged downturn until demand for construction services rebounds.

Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at e24.no →

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