KUKE: The number of bankruptcies in 2017 to remain unchanged

The number of companies that will go bankrupt in 2017 will amount to around 600, according to the Export Credit Insurance Corporation (KUKE) forecasts. This would be a similar result to 2016. In month-on-month terms, in January the number of bankruptcies dropped by 4.1 percent to 47. In last 12 months, between February 2016 and January 2017, the number of companies that filed for bankruptcy reached 603, which is a 16.8 percent decline compared to the previous 12-month period.