Number of bankruptcies of companies down by 38.5% y/y in October

The number of companies that declared bankruptcy in October amounted to 32, ie it did not change compared to September this year. and was lower by 38.5 percent per annum, reported Korporacja Ubezpieczeń Kredytów Eksportowych (KUKE).

"The number of announced restructuring amounted to 109, an increase of 18.5 percent per month, and in annual terms, it was over three times more cases (+ 202.8 percent).