320 bankruptcies in June

13/08/2008 15:00

In June 2008, a total of 320 businesses and institutions (excluding one-man businesses) were declared bankrupt in the Netherlands, just over 90 more than in May 2008. The amount of bankruptcies was nearly 70 higher than in June 2007.

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

The three-monthly moving average stood at 288 in June, as against 268 in May. In May, it reached the lowest point in 7 years.

More information with respect to business liquidations and individual insolvencies in the first six months of 2008 can be found in the article Sharpest decline in bankruptcies since 2006 published on 13 August 2008.

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

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