Number of bankruptcies up in September – Eurler Hermes

In September this year, 71 Polish companies went bankrupt, according to a report issued by Euler Hermes Collections on Thursday. In September 2013 the figure was 66. The number of bankruptcies in September was affected by the problems of the manufacturing and trade sectors, the report said. In the manufacturing sector, half of the bankruptcies were in the consumer goods segment and half in investment goods production. Euler Hermes also stressed that 11 of the bankruptcies recorded last month were in the food and beverages manufacturing and trade sector. In January-September the number of bankruptcies in Poland was 630 compared to 713 in the corresponding period of last year.