Euler Hermes in September fell 71 companies. It’s worse than a year ago – Polish Radio

Euler Hermes in September fell 71 companies. It's worse than a year ago – Polish Radio

The company Euler Hermes, dedicated to insuring trade receivables, stressed in a report Thursday that more than a year ago is not only the number of bankruptcy, but also their economic effect. Information about bankruptcies Euler Hermes relied on official data from the Court and Economic Monitor.

There will be more bankruptcies than last year. Except Poland & gt; & gt; & gt;
– Published in September declared bankrupt companies concerned having accumulated the last known turnover of approx. 1.2 billion and they employed together, according to the latest available data, approx. 2.5 thousand. people – the report says.
within nine months of this year, the courts declared bankrupt published 630 companies operating in Poland, while in the same period last year it was 713 published bankruptcy.

Winne not only Russian embargo

Among the largest wholesale

distributors of bankrupts dominate. Problems are also companies related to the food industry. Experts from Euler Hermes indicate that the Russian embargo is no certainly influence, but not only. Large stocks of frozen fruit, a record low milk prices, as well as its overproduction, whether falling consumption of bread, or market factors, are no less important.

Rafal Antczak, Deloitte Poland: on the Russian sanctions lose their sectors and companies.

Source: TVN 24 Business and World / x-News
According to the report, except that bankruptcy manufacturing companies are divided in half for manufacturers of consumer goods – in terms of food and furniture – as well as investment, or building materials, hardware engineering, and automotive parts.
In September, the largest number of bankrupt companies concerned Mazowieckie voivodship. Least bankruptcies was in Western Pomerania.

IAR / PAP Celebrating