Business Paid
More than half of invoices from construction industry with delayed payments due to pandemic
03:00
According to a report by Atradius, the construction industry has experienced significant payment delays. In addition, 43 percent of the respondents noted the negative impact of the economic crisis on cash flows.
“In order to protect their company against liquidity problems resulting from late payments from customers, respondents in the Polish construction industry most often have to delay payments to their suppliers (42 percent of respondents) and freeze employment (31 percent),” Paweł…
This article is for subscribers
Warsaw Business Journal subscribers get the full archive (12,248 articles going back to 1995) and the print edition.
SubscribeOr try Poland A.M. free for 7 days, the daily briefing, or see all plans and prices.