Fewer Dutch firms go bust, bankruptcy rate hits lowest level this century
In total 3,144 companies went bust in the Netherlands last year, the lowest number this century, national statistics agency CBS said on Friday.
The bankruptcy total hit a peak of 8,376 in 2013, but has been falling since then, in line with economic growth, the CBS said.
Most of the companies which went bust were involved in trade – both wholesale and retail – but there was little change in the number on 2017. However, there has been a sharp drop in the number of business services firms going bankrupt.
The figures do not include one-man operated companies.
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