Number of bankruptcies up by 9%

In September this year, 57 Polish companies declared bankruptcy, compared to 49 in November 2014, according to a report by Euler Hermes. "The larger number of bankruptcies this year was caused by an increased number of wholesalers going down. Again, the highest number of bankruptcies was recorded in the Mazowsze and Silesian regions," the report read. The total turnover of the companies that went under amounted to PLN 700 million, they employed 1,600.