Atradius: A bankruptcy wave threatens the transportation sector
This year a record number of liquidation and forced cancellation proceedings were initated against the freight forwarding companies in Hungary – the latest analysis of Atradius Credit Insurance company reveals.
The problems in the sector and the fierce competition has significantly increased the bankruptcy threat in the entire domestic transportation sector – the latest analysis of the Atradius Credit Insurance Company points out. In the last few years the total number of the liquidations and the forced cancellation processes in the industry have increased continuously. 1146 cases were registered in 2012, while this year the number of processes were higher than 1400 by the end of the third quarter.
Related news
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >