70 companies went bankrupt in May - Euler Hermes

In May 70 companies went bankrupt in Poland versus 56 firms a year ago, Euler Hermes reported. This is a 25 percent increase y/y. The biggest number of bankruptcies occurred in the service and production industries. In January-May 406 Polish companies were declared bankrupt compared to 347 in the same period of 2017. This is a growth of 17 percent y/y.