Bankruptcy rate down by 14% in March y/y
16:10
The number of bankruptcies in March 2016 totaled 68, a decrease of 14 percent year-on-year, according to a report by Euler Hermes.
In the last 3 months (January 2016 - March 2016), the number of bankrupt companies stood at 173, compared to 200 bankruptcies in the corresponding period of 2015.
The report noted production difficulties on the domestic market in March, whereas exports were normal. Also, a positive situation in the construction area was marked - three years at a low level of bankruptcy.
