Évosz Expects Orders to Drop off Next Year
Two-thirds of the member companies of the National Association of Construction Contractors (Évosz) expect a significant decrease in orders next year, according to hrportal.hu.
Évosz estimates that the postponement of investments in 2023 and 2024 will reduce job opportunities in the construction industry by an average of 15% in volume.
The reduction in public orders significantly affects the civil engineering sub-sector, as community clients predominate here.
It is already apparent in this area that next year's job opportunities will surely decrease by 20%, calculated at this year's prices, Évosz said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.