Swedish Construction Industry Confronts Rising Bankruptcy Rates Amid Economic Challenges
Swedish construction faces a crisis with a 47% jump in bankruptcies, signaling financial instability and wider economic impacts. Stockholm, Sweden — Sweden’s construction industry is currently facing significant challenges, marked by an increase in bankruptcy filings. Reports indicate a 47% rise in the number of companies seeking insolvency protection in January 2024, compared to the previous year, with a total of 622 firms filing for bankruptcy. This trend highlights growing financial instability within a sector that plays a crucial role
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