A Luxembourg court declared construction company Maçonlux bankrupt on Friday, making it the latest victim of the country’s construction downturn, despite a recent job cull in an attempt by the firm to avoid collapse, the Luxembourg Times reported. At the end of February, construction company Carvalho had warned it will seek bankruptcy, leaving 103 staff unemployed. This was preceded in December by renovation specialist Batipol, which employed 35 people.
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