Continuous fall in number of bankruptcies

08/09/2006 10:20

In July this year 319  businesses and institutions (excluding one-man businesses) went bankrupt. This is 18 percent fewer than in July 2005.

The number of businesses declared bankrupt in a particular month also depends on the number of days courts are in session, so the number may vary strongly from one month to the next. Therefore, the 3 months average is a more reliable indicator. In July, the average stood at 351, considerably lower than in June. The downward trend in the number of bankruptcies continues in July.

Bankruptcies of businesses and institutions (excluding one-man businesses)

Bankruptcies of businesses and institutions (excluding one-man businesses)