One of the largest construction company of Odesa, “BUDOVA“, faced financial problems. The company stops working on a number of objects, suppliers take out materials and inform customers about an additional year of waiting. This is reported by local media.
Construction company “BUDOVA” is considered one of the largest in the south of the country. But despite everything, the developer began to stop work on the sites and freeze projects for an indefinite period of time. According to customers, the postponement of planned deadlines for a year was announced last month.
Today, work on new sections of one of the residential areas was completely stopped. Due to financial problems, suppliers of construction products began to take out their materials. For example, after unsuccessful attempts to get at least part of the payment, their materials are removed by the supplier of double-glazed windows.
The press service of “BUDOVA” still refrains from official comments. Instead, employees of the company in private dialogue confirm the financial problems. According to them, the developer started construction of a new plant in parallel but did not calculate finances, due to which he was forced to “freeze” a number of objects of the company urgently.