Tuesday , August 3 2021

In October, 66 companies, 437 businesses and 1,186 people were bankrupt




In October of this year, 66 bankruptcies were declared
commercial companies, 437 bankruptcies of natural entrepreneurs and 1,186 people
bankruptcies. At the same time, 89 bankruptcy proposals were filed,
537 Bankruptcy Proposals of Individual Entrepreneurs and 1 310 Proposals for
personal bankruptcy. Number of proposals for personal bankruptcy and bankruptcy of individuals
Entrepreneurs in October was the largest since June last year. It results from the analysis,
performed by CRIF based on the portal www.informaceofirmach.cz.

The number of corporate bankruptcies (OS) increased by 32 points versus September
was the second largest since the beginning of 2018. At the same time, the number increased in October
bankruptcy proposals for companies, with 20 proposals.
In October, the number of corporate bankruptcies in business (FOP) has also increased
by 12, the number of FOP bankruptcy proposals was 178 higher than in September.


"The number of business bankruptcies
the company was slightly above average in October this year
the total number of bankruptcies announced remains significantly lower than a year ago, "
says Věra Kameníčková, CRIF analyst – Czech Credit
The office.

This is also evidenced by an annual comparison of the number of bankruptcies in the last 12 years
months. Over the past 12 months, 663 business bankruptcies have been declared
companies, which represents 149 bankruptcies (18%) less than in the previous period.
At the same time, 5 517 bankruptcies of entrepreneurial individuals were declared, ie
968 bankruptcies (15%) less than in the last 12 months. In the past
12 months has also been filed
1,033 bankruptcy proposals OS, 432 less than in the previous period and 5,801
Proposals for bankruptcy FOP, with 1,679 proposals less than in the previous period.
The number of business bankruptcy proposals has fallen by 29%, while their number
bankruptcy proposals for individuals have fallen by 22% last year.

In October this year was the most bankruptcy of business companies announced in the store (22 bankruptcies),
more in industry (10 bankruptcies) and construction and services predominantly for
enterprises (equal to 8 bankruptcies). The smallest bankruptcy was declared the opposite
in transport, storage and travel agency (1 bankruptcy),
accommodation and boarding (2 bankruptcies) and agriculture and mining (3 bankruptcies).

In the last 12 months, the number of bankruptcies
decreased in all sectors, except in the transport sector,
storage and operation of transport offices and other services where it has not taken place
without any change. The real estate and rental sector experienced the largest decline
machinery and equipment (39%), construction (-26%) and services predominantly for
enterprises (-19%). The number of bankruptcies in the accommodation and catering sector fell the least
(-5%).

In October, most bankruptcies were business
the companies announced in Prague (20 bankruptcies) and the South Moravia Region (16 bankruptcies).
The smallest bankruptcy of OS was announced in Central Bohemia, Ústí nad Labem, Hradec Králové
and the Pardubice Region (equal to 1 bankrupt), followed by Jihočeský, Karlovarský, Olomoucký
and the Zlínský region (together with 2 bankruptcies).

In the last 12 months, the number of bankruptcies in the system of operations
rose only in the Plzen Region (+ 28%) and in the Olomouc Region (+ 8%)
%). In all other regions it has also decreased in the Karlovy Vary region
has not changed. The highest decrease was registered by the Vysočina Region (-59%), the Liberec Region (-43%),
%) and Central Bohemia (-40%). Converted to 10,000 companies
most bankruptcies were declared in Pilsen in the last 12 months
the region (18.3 bankruptcy), the Hradec Králové region (18.1 bankruptcies), Ústí nad Labem
the county (17.4 bankruptcy) and the South Bohemian region (17.1 germs). At least then
in the Vysočina region (6.9 bankruptcies), the Central Bohemia region (8.5 bankruptcies) and the
Liberec region (9.2 bankruptcy).

the best bankruptcies
natural entrepreneurs
was announced in Ústí in October
the region (60 bankruptcies), the Moravian-Silesian region (59 bankruptcies) and Central Bohemia
county (39 bankruptcies). On the contrary, the slightest bankruptcy was declared in the region
Vysočina (10 bankruptcies), Zlínský region (15 bankruptcies) and Olomouc
county (18 bankruptcies).

In the last 12 months, the number
the bankruptcy of entrepreneurs' natural persons has fallen into thirteen counties. The biggest fall
registered the Liberec region (-24%), the Hradec Králové Region (-21%), the Olomouc Region
(-20%) and the Vysočina Region (-19%). The smallest decrease was recorded in the Zlín region
(-8%) and the Pilsen region (-9%). In Prague, the number of FOP bankruptcies rose on the contrary
by 10%. As for the number of FOP bankruptcies to 10 thousand registered
entrepreneurs were the worst in the last 12 months in the Ústí region (49.7%)
bankruptcy), the Karlovy Vary Region (42 bankruptcies) and the Libereţ Region (36.5 bankruptcies).
It was best managed by Prague (11 bankruptcies) and the Zlín region (17.4 bankruptcies).

The number of personal bankruptcy claims was highest since June 2017

In October this year was announced
1 186 personal bankruptcies, 96 more than in September. At the same time, it was given
1 310 personal bankruptcy proposals, approximately 314 more than a previous month. "
The number of personal bankruptcy proposals is
increased significantly in October and was the highest when the amendment was due
insolvency. Bigger was the last time in June 2017, "
says Věra Kameníčková, CRIF analyst
– The Czech Credit Office.

In the last 12 months, 13.052 were announced
bankruptcies by 1026, or 7% less than in the previous period. At the same time
13,833 bankruptcy proposals were filed, 1,649 less than
in the previous period.
The number of personal bankruptcy proposals is such year-on-year
decreased by 11%.

Source. TZ CRIF


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