Construction sector remains soft

  • 2013-04-25
  • From wire reports
TALLINN - Andres Aavik, CEO of construction firm Skanska, stated that the increase in labor costs in Estonia can be explained by a growing share of officially paid wages, reports BBN. “Although demand continues to decline, one must not expect labor costs to decrease because construction workers are more likely to go to Finland to work than to accept lower wages,” he added.Toomas Aak, CEO of construction company NCC Ehitus, said that the wage growth in the construction sector will remain below Estonia’s average wage growth this year. The reason for this is comparati...
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