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Sweden’s depressed economy continue to show in the corporate sector as bankruptcies grew in November

Tuesday, 04 December 2012
In November 567, companies went bankrupt in Sweden, a slight increase compared to November last year, when 550 companies went bankrupt.

According to the company Creditsafe Sweden which monitors the ups and downs of the health of the Swedish corporate sector, one of the biggest falls in November was a transport and logistics company, Transportlogistik i Norrland AB, which recently reported a turnover of over Skr78 million and 14 employees.

The bankruptcy of another company, ATS Assistans Trygghet Service AB in Örebro was also a big blow to the fragile Sweden at this moment as it shed some 350 workers.
By Scancomark.com Team

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