Bankruptcies down by 34% y/y

In September this year, 47 Polish companies declared bankruptcy, compared to 71 in September 2014, according to a report by Euler Hermes. In Q3 2015, there were 178 bankruptcies, versus 196 in Q3 2014. The total turnover of the companies that went under amounted to PLN 475 million, they employed 1,300. A month earlier, these figures were PLN 900 million and 2,000 respectively.