Company Liquidation Numbers may Reach 20,000 by Year-end

Figures

The number of liquidation procedures experienced this year is alarmingly high, the company information service provider Opten indicated, writes azenpenzem.hu [My Money].

According to Opten, by the end of the year, the number of procedures may reach close to 20,000.

The company information service provider recalled that in the second quarter of this year, gross domestic product decreased by 2.4% annually and by 0.3% quarterly.

Compared to December of last year, 10,000 fewer businesses shape the economic landscape today, according to the Opten data.

A significant improvement in the economic environment is not expected in the short term, so a turnaround in the trend is unlikely, the company information provider added.

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