Russia will be overwhelmed with hundreds of thousands of unemployed builders

51

www.vsyako.netPhoto: Alexander Kazakov / “Kommersant”

The number of people directly employed in the Russian construction industry in 2020 will be reduced by 409 thousand and will be about 4.5 million people. Forecast for key indicators was prepared by the Center for strategic research (CSR), excerpts from the document leads owned by Grigory Berezkin RBC.

According to analysts, the country is flooded with hundreds of thousands of unemployed construction workers and average monthly wages in the sector will shrink by the end of 2020 from 41.9 to 38.7 thousand thousand. Total revenue of all firms in the construction sector in the current year will reach 339 billion — nearly 84 billion less than in 2019. the company’s Profits will decline by 2.8 billion, to 15 billion rubles.

The demand for apartments in new buildings, according to the expectations of experts of the CSR, will fall by 14 per cent in 2020 will make about 670 thousand contracts of participation in share construction (minus 113 thousand to the figure for 2019).

As shown by CSR survey, the most common problem in the construction industry in 2020 has been the emergence of financial difficulties of contractors, material suppliers and other contractors. This problem has allocated 80% of the companies surveyed analysts. 78 percent reported difficulties due to the decrease in productivity.

Earlier, in April, Russia predicted stop-thirds of the construction of housing. The industry first and foremost promise big problems for weak developers. Irregular supply of materials has already begun, in addition, developers are suffering due to the decline in sales of apartments.

Video, photo All from Russia.

LEAVE A REPLY

Please enter your comment!
Please enter your name here