Fewer bankruptcies in January, down
Photo: Johan Nilsson/TT

Fewer bankruptcies in January, down 15 percent from last year

The number of bankruptcies decreased by 15 percent in January this year compared with the same month last year, according to the credit-reporting company Creditsafe.

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"Almost all industries and metropolitan regions show lower bankruptcy rates than last year - at the same time as several large companies in solar, wind and mobile homes went bankrupt during the month," Creditsafe writes in a press release.

According to the company, the number of bankruptcies in January amounted to 782 limited liability companies, which can be compared with 916 limited liability companies a year earlier.

"We are cautiously optimistic and hope that we can now enter a period of falling bankruptcy rates after just over two years at historically high levels," says Henrik Jacobsson, CEO of Creditsafe, in a comment.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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