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Swedish bankruptcies continues to fall

Thursday, 03 October 2013
The number of companies going bankrupt in Sweden fell for the third consecutive month.bankruptcy
In September, bankruptcies totalled 431, a decrease of nine percent from the same month last year, according to business and credit information company CreditSafe.

The amount of companies that went bankrupt in September shaded 1612 employees, a decrease of 50 percent compared with the same period in 2012. The average turnover for these companies, Skr9.5 million, is the same as the average for the past five years, the month of September.

Despite the lower bankruptcies in the past three months, far this year, there have been more business failures than in the corresponding period last year.
by Scancomark.com Team

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