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Poland: Corporate Bankruptcies Decreasing

Published: November 13, 2013; 17:37 · (Vindobona)

The number of commercial bankruptcies is declining, according to data by Coface.

Poland: Corporate Bankruptcies Decreasing / Picture: ©

According to insurance company Coface, the number of coroporate bankruptcies in the country will drop. "I think it will be a decline by a few percent and the total number of companies which will not survive the year will reach some 900," Martin Siwa, head of risk management of Coface, said, commenting on next year’s outlook.

The bankruptcies this year are expected to come at…

This article includes a total of 97 words.

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