PMR Online access    |   tel. +48 12 340 51 00    |   E-mail: info@pmrcorporate.com
 


 

Euler Hermes: business failures up by 28% in 2012


2013-01-08



A total of 941 companies went bankrupt in Poland in the course of 2012, which represents an increase of 28% compared with 2011, according to latest data from Euler Hermes, the global provider of credit insurance and risk management solutions. The figure is the highest since 2004.

For 2013 Euler Hermes is forecasting a further but smaller increase, of 10%.

The biggest contributor to the sharp increase in business failures in 2012 was the construction industry, which saw a 87% jump in bankruptcies last year, to 273, or 29% of the total. By way of comparison, in 2007 just 37 construction firms went under in Poland.



Browse and search in our archive »


subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »




Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Relevant news
 

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.