Bisnode: fewer new companies have founded, but less companies have became insolvent in the first half of the year

The first half of 2013 brought an improvement in the Hungarian company world: although a the number of new companies was less, the number of insolvent companies also decreased – shows the recent survey of Bisnode business information service provider.

According to the company’s communication sent to MTI on Wednesday: the Bisnode defaulting Index (BBI) – which indicates the proportion of bankruptcies and liquidations, compared to the number of companies in 2008 was 2.33 percent. Until the end of 2012 it was nearly doubled and exceeded 4 percent. But in the past half of the year, an improvement began and the BBI decreased to 3.14 percent.