80% increase in insolvencies in January

In the first month of the year, information on 151 insolvencies of Polish companies was published in official sources (Monitor Sądowy i Gospodarczy). This is as many as 80 percent more companies with problems than last year (in January 2020, the insolvency of 84 companies was announced by MSiG).

Services in the first month of this year were the hardest hit – the number of insolvent companies in the sector tripled from 20 a year ago to 66 in January (230 percent increase).