Bankruptcies up in August – Euler Hermes

In August this year, 68 Polish companies were declared bankrupt, compared to 62 in August 2015, according to a report issued on Friday by Euler Hermes. In January-May 2015 the number of bankruptcies was 503, down by five percent compared with the corresponding period of 2015. The highest number of bankruptcies was recorded in the manufacturing sector (20), followed by 16 bankruptcies in the services industry.