Bankruptcy continues

By: trademagazin Date: 2009. 10. 05. 00:03

According to Opten Company Information Service; The number of bankruptcies more than doubled in September, compared to the previous month. After the positive surprise of August, the datas return back to the predicted path of the crisis.

In September liquidation was started against 1400 firms. In the first three quarters, 34 percent more companies bankrupted than a year earlier. In August, liquidation proceedings were launched against 566 companies in Hungary.
The experts expect that in the next few months, the increase of the liquidation rate will slowly reduce but the number of companies becoming insolvent, will stabilized at a high level – reports

Related news