Number of bankruptcies down in May
15:44
In May, 75 Polish companies went bankrupt, four less than in May last year, according to Euler Hermes, a credit insurance company.
According to the report, the number of bankrupt companies was almost the same as last year, however, the scale of their operation was much smaller. The closed companies were small or medium sized companies operating on local or regional markets.
In almost every voivodeship the number of bankruptcies was lower y/y, except for Łódzkie, Mazowieckie and Śląskie voivodeships.
In total, the number of companies that went under decreased by five percent year-on-year.
