Number of bankruptcies down in January but trend still growing

The number of companies that declared bankruptcy in January this year amounted to 34, i.e. decreased by 19 percent compared to December and was lower by 45.2 percent per annum, the Export Credit Insurance Corporation (Korporacja Ubezpieczeń Kredytów Eksportowych – KUKE) reported.

"January brought a slight reduction in the scale of corporate insolvencies compared to the last month of 2020. However, in rolling terms the trend is still growing, therefore it should be expected that the decline in…