Grocon goes into administration, putting subcontractors and suppliers at risk of not being paid

By Ann Wen · 20 November 2020 · Featured

Grocon goes into administration, putting subcontractors and suppliers at risk of not being paid

Full details: Grocon goes into administration, putting subcontractors and suppliers at risk of not being paid

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Summary

One of Australia’s largest construction companies, Grocon, has gone into administration, leaving subcontractors at risk of unpaid contracts. Grocon is known for developments such as Melbourne’s casino, Eureka Tower and the Rialto Towers. Grocon’s chief executive, Daniel Grollo, blamed its administration on Infrastructure NSW for its handling of the Central Barangaroo project. “It is unfortunate […]

Tags: Administration, Construction, Insolvency