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Wave of claims for wage subsidies grows in construction sector

18:51

Wave of claims for wage subsidies grows in construction sector
Source: DLA Piper

The surge in prices of raw materials and construction materials is causing more and more construction contractors to file claims for wage subsidies. This trend will intensify in the coming months due to growing losses and the deteriorating liquidity situation of many construction companies, according to lawyers at law firm DLA Piper.

"The events of recent months have exacerbated the situation in the industry. With strong price increases, supply problems and the exodus of labor, completion…

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