Number of bankruptcies in Q1-3 grew by 15% y/y – Coface

The number of bankruptcies and restructurings in the first three quarters of 2018 amounted to 728, which is 15 percent more than last year, according to a report by Coface. The sector most affected by bankruptcies and restructurings is trade, where 175 companies either filed for bankruptcy or implemented restructuring process, followed by production (172). “The situation in…

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