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There are more companies on the verge of bankruptcy

Находящихся на грани банкротства компаний стало больше

In June, the number of companies on the verge of bankruptcy reached a three-year high, Delovye Vedomosti writes. Empty wallet. Empty wallet. Photo: Emil Kalibradov/ Unsplash

In June, the number of companies on the verge of bankruptcy reached a three-year high, Delovye Vedomosti writes.

At the same time, the credit ratings of companies generally remain at a fairly good level, according to the Äripäev database.

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There are 615 companies in active bankruptcy proceedings, up 13 from a month earlier and 50 more than a year ago. This is also the highest figure in the last three years.

Of the large companies, the Expert Eesti electronics store chain filed for bankruptcy in June, having recently closed several of its locations.

Read more on dv.ee.

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