Bankruptcy figures down by 10.8% in February y/y – KUKE

There were 58 bankruptcies recorded in Poland in February 2015, according to data from the Export Credit Insurance Corporation (KUKE). The figure was 10.8 percent lower than the one recorded in February 2014 and 1.7 percent lower than in January 2015. The number of bankruptcies due to insolvency in the period between March 2014 and February 2015 stood at 809. KUKE has maintained its forecast for the number of bankruptcies to stand at some 754 in 2015, which is a decline of 7.8 percent year-on-year.