IN SHORT

Number of bankruptcies expected to grow

THE NUMBER of bankruptcies in Slovakia will grow by 8.7 percent this year to 1,788, according to a study by the insurance group Euler Hermes. Not even the country's fast-growing economy is powerful enough to avert this trend, the Hospodárske noviny daily wrote.

Justice Ministry statistics show that 1,645 companies filed for bankruptcy last year. According to Helena Múdra from Euler Hermes, 80 percent of all proposed bankruptcy proceedings were rejected on the grounds that the bankrupt entities were completely insolvent. According to Múdra, this is an alarming figure, as it shows an increase in the number of companies with absolutely no assets.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Murder of journalist: How did Ján and Martina die?

Journalists working with Ján Kuciak described how he and his fiancée, Martina Kušnírová, were killed.

People still remember Ján Kuciak and Martina Kušnírová.

The murder of journalist changed Slovakia, but not all of it

There are still people who continue as if it’s business as usual.

Illustrative stock photo

What are the best employee benefits? Ask your employees

Salaries and a good company atmosphere, not benefits, keep people loyal.

Parking as a benefit it popular among employees.

UPDATED: Protest gatherings will return to Slovakia one year after the murders of Kuciak and Kušnírová

The gatherings will be held under the slogan “We won’t forget! We will continue!”.

November 16 gathering in Bratislava