More bankrcuptcies in Q1 2015 y/y - Coface

The number of bankruptcies amounted to 184, thus it grew by 3 percent year-on-year in the first quarter of 2015, according to a report compiled by Coface. The largest increase of bankruptcies, 84 percent y/y, was recorded by the Polish transport sector. "The sector is suffering from Russia-Ukraine bilateral trade limitations," the report reads. As of the entire 2015, Coface predicts the number of bankruptcies to fall by 6 percent y/y.