Coface: more bankruptcies, but also more restructuring in Q1 2019
12:00
As many as 123 Polish firms declared bankruptcy in the first quarter of 2019, while 101 launch reorganization proceedings, signifying an overall 5 percent increase y/y, according to the latest report by Coface.
“The number of reorganization proceedings, introduced into the law at the beginning of 2016, increased by 19 percent between Q1 2018 and Q1 2019, and their share in all proceedings increased from 40 percent to 45 percent,” the report reads.
(PAP)
