Coface: number of bankruptcies and restructuring processes stops growing

The number of bankruptcies and restructuring processes at companies in Poland stood at 467 in the first half of 2019, which is exactly the same level as the one that was recorded in the first half of last year, Coface has reported. Bankruptcies accounted for 57% (267) of that volume.

“The Polish economy is slowly and gradually entering a period of slowdown. This process is not as severe as it was previously assumed ... The extended period of solid economic activity is positively reflected in the bankruptcy and corporate restructuring statistics,” Grzegorz Sielewicz, the chief economist at Coface in Poland, commented.
(ISBnews)