Record number of bankruptcies announced in Q1 2012

The highest number of bankruptcies in a single quarter for the past six years was registered in the first three months of 2012, the firm Slovak Credit Bureau (SCB) announced on Tuesday, May 29. SCB operates the Banking and Non-Banking Register in Slovakia.

The highest number of bankruptcies in a single quarter for the past six years was registered in the first three months of 2012, the firm Slovak Credit Bureau (SCB) announced on Tuesday, May 29. SCB operates the Banking and Non-Banking Register in Slovakia.

"The analysis included business entities and individuals, i.e. self-employed," the SCB stated, as quoted by the TASR newswire. A total of 123 bankruptcies was announced in Slovakia in the first quarter, 10.81 percent more than during the same period a year earlier. Most of them were announced in wholesale, retail, automobile and motorcycle maintenance, the construction sector and industrial production. In terms of the highest-risk businesses in the bankruptcy statistics, water supplies, sewage treatment and garbage disposal services were highlighted in SCB’s analysis.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Ľuboš Machaj.

Coalition united behind one man. Who is the new RTVS director?

Ľuboš Machaj boasts decades of experience in public-service media. Now he will lead the broadcaster.


2 h

News digest: Canadian embassy will open in Bratislava

Two candidates for the future RTVS director-general, and a long cycling route from Slovakia to Poland.


21 h
Illustrative stock photo

Stay safe: heatwave warning issued for parts of Slovakia

Last day of school will see even higher temperatures.


29. jun
The Slovak Museum of Maps is situated in Kynceľová, near Banská Bystrica.

At Slovakia’s map museum, visitors become cartographers

The museum outside Banská Bystrica takes people on a history and geography tour, providing them with interactive stops at the same time.


27. jun
SkryťClose ad