Locked content Euler Hermes: 80 bankruptcies in October

In October, 80 Polish companies were declared bankrupt, compared to 66 last year, according to a report issued by Euler Hermes. Since the beginning of the year, 753 companies were declared bankrupt, a 15 percent growth y/y. According to Euler Hermes the number of bankruptcies will remain at this lev...

Locked content 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...

Locked content Number of bankruptcies in Q1-3 grew by 14% y/y – Coface

The number of bankruptcies and restructurings in the first three quarters of 2017 amounted to 635, which is 14 percent more than last year, according to a report by Coface. Due to changes to the law, which made implementing restructuring processes to avoid bankruptcies easier, the number of companie...

KUKE: Bankruptcies up by 7.4% in July

The number of bankruptcies in July totaled 58, an increase of 7.4 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month term, the figure increased by 20.8 percent.

KUKE: Bankruptcies inches down 2% in June

The number of bankruptcies in June totaled 48, a decrease of 2 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month term, the figure increased by 17.1 percent.

Locked content Euler Hermes: 67 bankruptcies in April

In April, 67 Polish companies were declared bankrupt, compared to 66 last year, according to a report issued by Euler Hermes. Since the beginning of the year, 291 companies were declared bankrupt, a 22 percent growth y/y. According to Euler Hermes most bankruptcies are caused by low profitability of...

KUKE: Bankruptcies down by 20.4% in April

The number of bankruptcies in April totaled 43, a decrease of 20.4 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month term the figure fell by 2.3 percent.

Locked content KUKE: Bankruptcies down in March

The number of bankruptcies in March totaled 42, a decrease of 30 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month term the figure remained unchanged. “If we assume a 3.7 percent GDP growth for this year, and the increase of net profit margin by 4....

Locked content Euler Hermes: The number of bankruptcies grew by 29% in Q1

As many as 224 companies were insolvent in Q1 of this year, up from 173 last year, Euler Hermes said in its report. “In March alone, there were 78 Polish insolvent companies, compared to 68 such cases last year,” the company said. According to the report, the result is in line with the data fromR...

Locked content COIG: 138 companies went bankrupt in Q1

According to the data released by the General Economic Information Center (COIG), 138 companies filed for bankruptcy in Q1 this year, down from 154 y/y. This number is however misleading as the law in Poland has changed, starting from this year. Now, companies instead of filing for bankruptcy, can s...