Insolvency of companies in January 2018

According to the data provided by Euler Hermes, 82 companies had to face bankruptcy, which is 13 more than in the same period last year. Polish entrepreneurs are confronted with longer payment terms and growing payment bottlenecks. As well as the lack of savings due to low profitability, and rising labour costs due to market-driven wage increases.

Source: www.egospodarka.pl/146787,Upadlosci-firm-I-2018,1,39,1.html