Almost 300 bankruptcies in November

11/01/2008 15:00

Nearly 300 businesses and institutions (excluding one-man businesses) went bankrupt in the Netherlands in November 2007. This is a 7 percent reduction on one year previously.

As the number of businesses declared bankrupt is closely related to the number of days courts are in session, it may vary strongly from month to month. Therefore, the three-month moving average is a more reliable indicator.

The three-month average hardly changed in November and stood at 318 bankruptcies. While in September and October the average was still upward.

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

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