Coface analysis: Some 24,000 companies hit by insolvency in 2012, 10 pct up y-o-y

As many as 23,665 companies collapsed into insolvency in 2012, by 10 percent more compared to 2011 when the number of new insolvency files was 21,499; most of the businesses hit by insolvency were in the retail trade sector, shows a Coface analysis conducted based on preliminary data available in early January 2013 at the Insolvency Proceedings Journal (BPI).Compared with 2010, when ...

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