Spectator on facebook

Spectator on facebook

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

Quidditch becomes reality in Slovakia as first teams emerge Video

The wizard sport, fighting for its status in the real sports world, has won the hearts of some Slovaks.

Top stories from Last Week in Slovakia Video

Voters’ indifference affects regional votes - Can Slovaks be lured back from Britain? - Petit Press majority owner dies

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between October 20 and October 29, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

International Halloween Party

Babiš did not re-write the past

Constitutional Court decided in favour of National Memory Institute which included Andrej Babiš in its list of communist secret service confindants.

Slovak-born Czech Finance Minister Andrej Babiš