Even fewer companies go bankrupt in Poland

Warsaw (Puls Biznesu) – Only 90 companies went bankrupt in the first quarter, half the level reached last year.

In the January-March period, only 90 companies went bankrupt, or 45 percent fewer than in the same period of last year, the report of Euler Hermes, the company insuring payments, shows. Production companies go bankrupt most often, they constitute 31 percent of the whole amount. Among them, clothes, shoes and food producers get into trouble most often. Every fifth of the bankrupt companies was a wholesaler.

“Ironically, despite a boom in construction, the majority of wholesalers sold wood and construction materials”, Tomasz Starus from Euler Hermes comments.
Source:pulsbiznesu.pl