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The Netherlands: Number of corporate bankruptcies increased in March

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Staff Writer | Friday April 13, 2018 8:43AM ET
The Netherlands
Europe   There were 34 more bankruptcies in March 2018

The number of corporate bankruptcies has increased, according to Statistics Netherlands (CBS).


There were 34 more bankruptcies in March 2018 than in the previous month. In February, the number of bankruptcies fell by 42. Most bankruptcies in March were recorded in the trade sector.

The number of bankruptcies shows an irregular pattern with many ups and downs. Adjusted for court session days, the number of bankruptcies peaked in May 2013.

This was followed by a downward trend, reaching its lowest level (since 2001) in August 2017. The trend has been more or less flat since then.

If the number of court session days is not taken into account, 251 businesses and institutions (excluding one-man businesses) were declared bankrupt in March 2018. With a total of 51, the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In March, the number of bankruptcies was relatively highest in the sector transport and storage.

 

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