Bisnode: many catering companies continue to go bankrupt

The hospitality sector continues to be the sector that has the highest bankruptcy rate. The most risky businesses are the firms dealing with hospitality. The bankruptcy rate of such companies is nearly 4.5 percent, much higher than the national average of 2.53 percent – according to the sectoral analysis of the Bisnode International company creditor.

The company told MTI on Wednesday that the rate of bankrupted accommodation providers in early August this year was 1.65 percent. Compared to the 2014 year-end data the situation has improved, in the case of restaurants the indicator is 6.06 percent, in case of hotels it is 2.26 percent. (MTI)