Fewer Dutch firms go bust, bankruptcy rate hits lowest level this century

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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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