05/30/2013
Corporate news, Country risk and economic studies
Coface bankruptcy report: Insolvencies on the rise throughout Central Europe
- After a slight recovery in 2011, countries report a difficult economic environment again. Insolvency figures increased again in CEE in 2012 – except Latvia, Estonia and Ukraine
- Economic crisis finally hits Poland – record level of insolvencies in 2012
- Further increase of insolvencies in 2013 and 2014 expected
- Top Sectors: IT, telecommunications, education and health
- Flop Sectors: construction, manufacturing, whole and retail trade