39% of Construction Companies Expect Higher Revenue

Construction

Around 39% of Hungarian construction companies expect higher revenue this year, according to a survey of 400 businesses by the industry association Évosz, writes novekedes.hu.

The survey shows 45% of companies expect a decline in turnover. Around half expect narrowing margins.

About 78% of the companies said a lack of orders posed a challenge, 67% noted that inflation was a problem, and 56% complained about the shortage of skilled labor, Évosz revealed.

Around 83% of companies had unpaid invoices, the article notes.

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