Bankruptcies reach record levels in 2013

There was a record number of bankruptcies in 2013, according to the bankruptcy website

The website reports 12,800 bankruptcies in 2013, 6% more than in 2012.

However, there has been a drop in the number over the second half of the year. Preliminary figures for December show 781 companies went bankrupt, the lowest number since July 2011.

The website expects the downward trend to continue into 2014. ‘In many sectors, such as construction, the weakest have already gone,’ bankruptcy expert Antonie Kerstholt said.


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