Small family businesses most affected by crisis in Poland

n the first two months of 2021, information on 316 insolvencies of Polish companies was published in official sources (Monitor Sądowy i Gospodarczy), i.e. 75 percent more than the year before (181 insolvencies in January-February 2020). The analysis of turnover and employment shows that the smallest, often family-run, companies are losing liquidity en masse – which have been on the market for many years, which excludes problems that affect newcomers in the business.