Coface: the insolvency situation of the companies deteriorated further

By: trademagazin Date: 2011. 10. 20. 13:35

In this year's first nine months, the insolvency indicator of the companies increased by 30 percent, compared to the same period of last year – shows the most recent analysis of Coface Hungary, which was sent to MTI on Thursday.

The main reason for the drastic increase can be found in forced processes, because, although the number of liquidations is increasing but not in an accelerating rate.

In most of the insolvency proceedings still the construction, the wholesale and retail companies are involved – reports MTI.

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