KUKE: the Number of bankruptcies decreased by 4.1% m/m to 47 in; forecast for 2017: approx. 600 – Money.pl

Moscow, 06.02.2017 (“war and peace) – the Number of the bankruptcy companies, announced in January this year amounted to 47, i.e. by 4.1% less than in the previous month and the same, and in January 2016, follows from the data obtained from the Judicial and Economic Monitor, quoted by the Corporation of Export Credit Insurance (KUKE). KUKE expects that the number of bankruptcy will be in 2017. approx. 600.

“data From the Monitor, the Judiciary and Economic development shows that economic courts in January 2017. declared bankruptcy, 47 companies. It was -4,1% less than in December 2016. (49 companies), and the same in January 2016. In January 2017. high level of bankruptcy by the Voivodeship of lower Silesia (1,11%) and the lowest in Swietokrzyskie (0.33 per cent). The average intensity of bankruptcy of commercial companies in Poland in January was to raise to the level of 0,81% 0,79% famous before the month a year earlier, in December it amounted to 1.02%,” – said in the message.

during the last twelve months (February 2016. – January 2017) as a result of bankruptcy, economic activities, completed 603 of the enterprise. The amount of bankruptcy after January of 2017. stagnant for months on the same level. A year earlier, in January 2016. the annual moving average sum of bankruptcy was 725. The result this month better than last year on -16,8%, according to KUKE.

“If raising the rate of economic growth in 2017. to 3.6% and increase in the profitability of net turnover by 4.4%, we forecast that the current year will fall by about 600 companies, is the closest level to the level of bankruptcy in 2016. At the same time will continue to increase the level of constituent entities restrukturyzowanych (about 300-350 per year). 2017 from the point of view of bankruptcy and initiated litigation sanacyjnych will be completed in the range of 900-950 subjects. This will mean an increase in overall bankruptcy and restructuring at the level of about 12.5-18.8 per cent. The decisive factor in this growth will increase the number of subjects to be rehabilitated”, – is spoken further.

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