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Unlisted Construction Companies Request Measures to Avoid a Cascade of Bankruptcies

The trade association Anci is warning of a cascade of bankruptcies if these companies are not injected with between €600 million and €1 billion.

Grúas en una obra en construcción. Shutterstock 1024x684 1

Unlisted construction companies have asked the Government for a set of measures to guarantee their liquidity during the decreed suspension of activity and to avoid an eventual cascade of bankruptcy proceedings in the sector, as reported by Europa Press.

The National Association of Independent Builders (Anci) considers that some of the measures will not require any funds, although it acknowledges that the rest would increase public spending by between €600 million and €1 billion.

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