Number of Insolvent Companies in Poland Rises Again

From the beginning of the year until the end of September, 4,465 Polish companies declared insolvency. Coface, a firm that prepares quarterly reports on the matter, emphasizes that this accounts for 95 percent of all companies that have taken insolvency measures in 2023. With three months left in the year, experts are already predicting that the number of insolvencies will hit a record high, reaching 5,000 by December.

Experts point out that nearly 60 percent of this year’s insolvency…