Bankruptcies down by 14.3% in April - KUKE
13:58
The number of bankruptcies in April totaled 60, a decline of 27.7 percent month-on-month and a decrease of 14.3 percent year-on-year, according to data from the Export Credit Insurance Corporation (KUKE).
In the last 12 months (May 2014 - April 2015), the number of bankruptcies due to insolvency stood at 819. The institution has maintained its forecast for the number of bankruptcies to stand at some 754 in 2015, which is a decline of 7.8 percent y/y.
