The pandemic in Poland, unlike other countries, resulted in a significant increase in insolvency.

According to analysts’ forecasts, next year we will observe an increase in the number of insolvencies in the world, but, importantly, these insolvencies will continue to be at a low level.

Among the most important factors relevant to the increase in the number of insolvencies, experts point out:

  • dynamic economic recovery,
  • withdrawal of public aid,
  • the existence of enterprises struggling with financial problems,
  • the dynamics of establishing new companies.

With regard to Poland, experts predict an even greater increase in insolvencies this year, reaching even +62%. Thus, the current forecasts are maintained.