October to be worst month in history in terms of insolvencies of Polish companies

In October 2020, information on 144 insolvencies was published, i.e. 75 percent more than a year ago and the most in the current decade, according to the Euler Hermes analysis based on Judicial and Economic Monitors. Within 10 months of this year. information on 993 insolvencies was published, i.e. 18 percent more y/y, which is also the highest number in the current decade.Insolvencies include the inability to settle obligations to suppliers, resulting in bankruptcy or some form of…