Construction sector in turmoil'MaçonLux' declares bankruptcy after 26 years in business

RTL Today
Following the recent bankruptcy of "Carvalho Constructions" in late February, another long-standing construction company, "MaçonLux," has announced its closure after 26 years of operation.
© RTL

The news was confirmed by the francophone newspaper Virgule, with reports indicating that 90 employees are now facing unemployment.

The Independent Luxembourg Trade Union Confederation (OGBL) reportedly has plans to meet with the affected employees imminently, aiming to provide support in navigating salary claims and assisting with registrations at the National Employment Agency (ADEM).

The ongoing crisis within the construction industry has notably impacted medium-sized companies, with “Carvalho Constructions” also succumbing to financial pressures at the end of February.

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