9 thousand companies were terminated in the third quarter of 2017

Only 9409 companies were ceased in the third quarter of 2017, which is the lowest since 2013.

Compared to the domestic firm database of 530,000 companies, the quarterly volume of terminations is still very high, but compared to the data of recent years the third quarter of 2017 has been quite acceptable.

In the last quarter, 9409 company terminations were released, which is a 20 percent drop, compared to the previous quarter and a 22 percent decline compared to the same period of last year.