Companies are looking for ways out of the crisis

Federal Bank

The Bundesbank is renovating the existing building as planned. The plans for the new buildings, on the other hand, have been radically cut.

(Photo: dpa)

Dusseldorf The crisis on Germany’s construction sites is becoming ever clearer: companies are losing orders – especially in residential construction. In March 2023, the Federal Statistical Office registered a decline of more than a third compared to the same month last year. Projects are being delayed across the real estate industry. In addition, fewer areas are planned.

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