Number of big company insolvencies up 5 percent in H1 to 189
Publicat:Insolvencies among big companies with a turnover higher than one million euro were up 5 percent in H1 2018, to 189, and the total loss incurred to the creditors of insolvent companies increased 10 percent to 5 billion lei, shows a new Coface survey on the evolution of insolvencies in the first half of this year.
Most insolvencies opened in H1 2018 were in retail trade (674), followed by construction (663) and wholesale and distribution (624).
"The main factors leading to the deterioration of the companies' payment behavior is the decline of the entrepreneurs' trustworthiness…
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