The growth of liquidations slows down

According to the datas of Opten company information provider; businesses are still in a difficult situation, however, the growth of liquidations slows down.

In the first quarter of this year the number of liquidations in the SME sector continued to increase: Between January and March 3947 proceedings were started against the companies by the creditors. The number of the collapsed companies increased by 3.3 percent (with 129), compared to the same period of 2009. However, the growth rate is significantly below the previous year’s 31.8 percent increase – reports Piac & Profit.