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Bankruptcy Collapse in Real Estate: – Crisis in the Industry
Summary by E24
3 Articles
3 Articles
Romsdals Budstik with the online newspaper Rbnett is based in Molde and is the local newspaper for Romsdal with the municipalities of Molde, Hustadvika, Aukra, Gjemnes, Vestnes and Rauma.
335 Norwegian companies went bankrupt in October, an increase of 4 percent compared to the same month last year. In the real estate industry, the increase is close to 200 percent.
While the bankruptcy trend shows signs of stabilization, the arrows point sharply downward within real estate.
·Oslo, Norway
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