Bankruptcies sharply down in November – Euler Hermes

In November this year, 49 Polish companies were declared bankrupt, compared to 70 in November 2013, according to a report issued on Tuesday by Euler Hermes. In January-November 2014 the number of bankruptcies was 760 compared to 868 in the corresponding period of 2013. The significant improvement was largely due to a better situation in the construction sector and a seasonal improvement in wholesale distribution, the report said.