According to the turnover, the largest company that declared bankruptcy in November is the company Vitrablok, s.r.o., which focused on the production and processing of glass in Duchcov, popularly known as Luxfera.
“This is already the second insolvency. In the past five years, the company has reported a profit once. The year 2021 and the drastic increase in the cost of materials and energy brought problems to the company,” says Jan Cikler from CRIF. Since the beginning of the year, 618 corporate bankruptcies and 976 insolvency proposals have been declared in the Czech Republic. In November alone, there were 65 bankruptcies of commercial companies and 87 were filed insolvency proposals.
Most often, companies from the Moravian-Silesian region went bankrupt in transport and storage. The most bankruptcies of commercial companies were announced in November in Prague (28) and in the South Moravian Region (9). No corporate bankruptcy was declared in November in the Hradec Králové and Pardubice regions.
According to analysts, however, the positive development in the Czech Republic, as far as company failures are concerned, could be negatively affected by a situation where the number of large companies that go bankrupt has increased.
In November, 1,113 personal bankruptcies were also declared and 1,273 personal bankruptcy petitions were filed. In the long term, this is also a decline. While last year 12,254 people were declared bankrupt from the beginning of the year to the end of November, this year it was 11,903.
In Germany, the number of large companies going bankrupt is increasing
2023-12-11 15:41:17
#fear #epidemic #bankruptcies #true #bankruptcies #ten #years #News
