Bankruptcies down in May – Euler Hermes

In May this year, 63 Polish companies were declared bankrupt, compared to 79 in May 2015, according to a report issued on Friday by Euler Hermes. In January-May 2015 the number of bankruptcies was 302 compared to 333 in the corresponding period of 2015. Euler Hermes said the number of bankruptcies fell in the transport and manufacturing sectors and grew in construction, because of seasonal lack of investments.