Less bankruptcies in construction sector, more in Silesia - Euler Hermes
12:44
Euler Hermes (EH), a credit insurance company published a report analyzing the situation of Polish companies which bankrupted last month.
In February, 60 Polish companies went bankrupt, 12 less than in February last year, their turnover totaled PLN 700 million, their employment was 1200 people, according to the Ministry of Justice.
According to the report, there were less bankruptcies recorded in the construction sector, but when it comes to the wholesale business, production sector and services, the situation has been worsening. Transportation and service providing firms face the biggest issues, EH analyzed. What is interesting, three furniture producers bankrupted, which is an unusual number regarding this industry, EH pointed out.
More firms bankrupted in Silesia, whereas less went under in Dolnośląskie voivodeship and in south-east Poland.
