ADVERTISEMENT

Czech bankruptcies rise in Febraury

Figures

Photo by TheaDesign/Shutterstock.com

A total of 64 companies filed for bankruptcy in the Czech Republic in February, the greatest number since June 2020, according to a report by the Czech Credit Bureau (CRIF) cited by the Czech Radio.

Some 530 entrepreneurs filed for bankruptcy, 24 more than the previous month. A total of 1,264 personal bankruptcies were declared in the Czech Republic in February.

At the same time, 1,404 more petitions for personal bankruptcy were filed, 386 more than in January, according to CRIF. In January, 1,336 companies in the Czech Republic ceased to exist, up 5% in annual terms, and the highest number since 1993. At the same time, 2,413 companies were established, 11% less than in January 2020.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.