Business liquidations up, insolvencies down

Posted On Friday, 18 December 2009 02:00 Published by
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A mixed bag reported for company activity so far in 2009

The total number of liquidations recorded for the first eleven months of 2009 increased by 27,0% (from 2 953 to 3 751) compared with the first eleven months of 2008. The total number of liquidations recorded for November 2009 increased by 102,9% (from 240 to 487) compared with November 2008.

The total number of insolvencies recorded for the first ten months of 2009 decreased by 8,3% (from 3 615 to 3 314) compared with the first ten months of 2008. The total number of insolvencies recorded for October 2009 decreased by 26,5% (from 532 to 391) compared with October 2008.


Publisher: eProp
Source: SSA

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