construction
Germany's construction industry has revised its business expectations for the current year downwards with the sector now expecting sales to fall by 4% instead of 3.5%, the Federation of the German Construction Industry said on Tuesday. This is primarily because the federal, state, and local governments are anticipated to decrease their spending on public construction projects this year, as a result of expected reductions in tax revenues. The association emphasized that investment is particularly important now. A commissioned report for the sector by the German Economic Institute (IW), which is...
DPA Breaking News
A collective wage agreement has been reached for the approximately 930,000 employees in the German construction industry, the IG BAU union and employers announced jointly on Wednesday. In the third week of strikes, both parties agreed on a joint proposal with a three-year term. The proposal is to be discussed in committees until June 14. Until then, industrial action measures are suspended. By the end of the three-year period, the full alignment of wages in Germany's eastern states with those in the west is to be achieved. In the first stage, all monthly salaries will increase by a flat rate o...
DPA Breaking News
A collective wage agreement has been reached for the approximately 930,000 employees in the German construction industry, the IG BAU union and employers announced jointly on Wednesday. In the third week of strikes, both parties agreed on a joint proposal with a three-year term. The proposal is to be discussed in committees until June 14. Until then, industrial action measures are suspended. By the end of the three-year period, the full alignment of wages in Germany's eastern states with those in the west is to be achieved. In the first stage, all monthly salaries will increase by a flat rate o...
DPA Breaking News
The first strike in Germany's construction industry in about two decades began on Monday as workers demanded higher wages. More than 1,000 construction workers stopped work in the state of Lower Saxony at the start of the nationwide wave of strikes, according to the trade union IG Bauen-Agrar-Umwelt (IG BAU). Additionally, 300 workers came to a rally in Osnabrück and a further 150 to a smaller one in Langenhagen near Hanover, the union said. The strike is to be continued on Tuesday and extended to other regions. Then there will be selective actions throughout Germany, IG BAU announced. The wal...
DPA Breaking News
The trade union for German construction workers has called for strikes beginning on Monday, starting with workers in the north-western German state of Lower Saxony. The trade union IG BAU announced the strike plans in Frankfurt on Friday. Further selective strikes will take place throughout Germany from Tuesday, a trade union spokesman told dpa. About 930,000 workers in the construction industry are represented by the union. The trade union has been demanding pay raises and other benefits in stalled collective bargaining talks with employers in the construction industry. Lower Saxony was chose...
DPA Breaking News
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