Bankruptcies down 3.4% y/y – KUKE

The number of bankruptcies in September totaled 57, an decrease of 3.4 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month terms, the figure increased by 7.5 percent. KUKE estimates that some 550 companies will be declared bankrupt in the entire 2017, which marks a drop of 8.8 percent y/y….

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