Insolvencies get soaring, breaking records

The number of insolvencies of Polish companies published in official sources was at a record level in the third quarter – 369 companies. July, August, and September this year are the months with the three highest defaults to date.

During the three quarters of 2020, information on 849 insolvencies was published, i.e. 12 percent more than the year before and the most in the current decade.