ADVERTISEMENT

Bulgarian company insolvencies up 13% in 2021

World

Photo by Andrey_Popov/Shutterstock.com

Bulgarian company insolvencies increased by 13% as compared to 2021 and were 1.6% higher as compared to the pre-pandemic 2019, local media reported.

Over 12,900 companies were declared bankrupt, entered insolvency proceedings or liquidation, or were struck off the register, business news outlet Capital.bg reported, citing data from the country's registry agency.

The number of newly registered Bulgarian companies last year was 14% higher than in 2020 but 14% lower than in 2019, it added.

ADVERTISEMENT

Household income improved in Q1 Analysis

Household income improved in Q1

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

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.