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Lowest number of bankruptcies in Netherlands in over 9 years

Staff Writer | May 16, 2017
According to Statistics Netherlands (CBS), the number of corporate bankruptcies has fallen.
Netherlands factory
The Netherlands   The number of bankruptcies in April
In April 2017, it was 42 down from the preceding month. The number of bankruptcies in April was the lowest in over nine years.

The largest decrease was recorded in the sectors trade, hotels and restaurants and information and communication.

Adjusted for court session days, the number of bankruptcies peaked in May 2013. Subsequently, the trend was downward.

In April 2017, the number of bankruptcies was at its lowest since December 2007.

If the number of court session days is not taken into account, 247 businesses and institutions (excluding one-man businesses) were declared bankrupt in April 2017.

With a total of 43, the trade sector suffered most, although, the number of bankruptcies in this sector was 17 down from March.

The number of bankruptcies also declined across most other sectors, with the exception of the sector business services where the number of bankruptcies increased.