KUKE: situation improves in mining, furniture and building materials

The situation in the mining sector, furniture and building materials industries is improving, according to KUKE’s report analyzing bankruptcies in individual industries.
“The situation in the mining sector is clearly improving, and no company operating in this area has been declared bankrupt since seven months,” the report reads.
The situation in the furniture industry also calms down. KUKE claims that the current condition of producers of building materials looks particularly advantageous.
“The rate of bankruptcy in this industry has dropped to only 0.27 percent, the lowest level since 10 years,”  KUKE wrote.

(PAP)