www.economica.net/cristian-erbasu-fpsc-cresterea-s

Romanian construction companies are facing significant debts exceeding one billion euros related to PNRR projects, alongside substantial local authority debts. The president of FPSC, Cristian Erbaşu, highlighted ongoing financial challenges, including a doubling of insolvencies in the sector. Companies are likely to lay off many workers and may reduce salaries due to financial strain and lack of predictability in project funding. Erbaşu warned that without new projects following PNRR, many firms could face severe difficulties, reminiscent of past funding gaps. The impact of these issues will become clearer in the coming months, with potential mass layoffs expected.