Number of bankruptcies in the Netherlands is stable

By: Together Abroad 12-08-2015 3:18 PM
Categories: Business news,

According to the CBS, the number of bankruptcies, was approximately the same in July 2015 as in June. Besides, in the last two months, the number of bankruptcies has been at the lowest level since January 2009 and the downward trend continues.

In July 2015, 412 businesses and institutions (excluding one-man businesses) were declared bankrupt. While the total number of bankruptcies over the first 7 months of this year was 3,325, which is 19% less than during the same period of 2014.

With a total of 97, most bankruptcies of July were in the trade sector; 69 financial institutions were declared bankrupt, however it’s important to remember that the sectors trade and financial services include the largest number of businesses. Proportionally, the transport and storage sector recorded the highest number of bankruptcies (21) in July.

Source: Centraal Bureau voor de Statistiek

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