|Year||Week||Number of bankruptcies|
Number of bankruptcies rising
The number of corporate bankruptcies (adjusted for court session days) fluctuates significantly, with rapidly alternating ups and downs. The number peaked in May 2013 (911); it subsequently declined continuously until August 2017 inclusive, after which it remained fairly stable until mid-2020. It then followed a downward trend again, reaching a record low of 109 in August 2021. As of May 2022, the number of bankruptcies has continuously been higher than in the same month one year previously.
Most bankruptcies recorded in construction sector
If the number of court session days is not taken into account, in July a total of 241 businesses and institutions (including sole proprietorships) were declared bankrupt. Construction suffered most with 39 bankruptcies; this is a decrease of 7 percent relative to June.
In July, relatively the largest number of bankruptcies was pronounced in the sector accommodation and food services.
|Sector||July 2023||June 2023|
|Accommodation and food services||28||27|
|Specialised business services||28||29|
|Transportation and storage||15||19|
|Information and communication||11||9|
|Renting and other business services||10||15|
|Real estate activities||8||5|
|Other service activities||8||4|
|Arts, sports and recreation||2||3|
|Agriculture, forestry and fisheries||0||2|