Highest number of insolvencies in five years – Euler Hermes

As many as 255 Polish companies became insolvent in Q3 2017, the highest number in five years. Since January, 673 companies became insolvent, which is a 14 percent increase y/y, said Euler Hermes in its report. The growth rate of insolvent firms will remain at a two-digit level for the remainder of ...

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 10 % Decrease in corporate insolvencies in February

Euler Hermes, the world’s leading credit insurer, announced that the number of corporate insolvencies in February in Poland was 54 (in comparison with 60 in February 2015). This represents a 10 percent decrease y/y. There was a drop in the wholesale sector (9 compared to 12 the previous year), while...