Number of insolvencies of Polish companies in 9 months of 2021 up by 131% y/y

The total number of insolvencies of Polish enterprises in the 9 months of 2021 increased by 131 percent compared to the same period in 2020 and amounted to 1,841 cases, according to the Coface report. The increase in the number of proceedings applies to all sectors.

“Compared to the result after 6 months of this year, the growth rate decreased (from 160 percent to 131 percent), but just because the last year's base increased.