Text size

Number of bankrupt enterprises in Bulgaria on the rise

published on 8/27/20 12:39 PM

Photo: Archive

According to the registry of the Registry Agency, in June-July 2020 the number of companies declared bankrupt has increased. This is stated in a study by the Bulgarian Chamber of Commerce on the impact of Covid-19 on the country's economy. If in June and July 2019, 42 and 53 were declared bankrupt, respectively, then in the same months of 2020 they are 62 and 70.

At the end of June compared to the same month of 2019, the number of employed persons has decreased by 111.5 thousand, or by 4.7%. The largest decrease was observed in the economic activities Hotels and restaurants - 48.8 thousand, Manufacturing - 31.0 thousand, and Trade; repair of motor vehicles and motorcycles - 12.8 thousand.

A trend of increasing the number of employed persons has been seen only in the sectors - Creation and Dissemination of Information and creative products and Telecommunications - by 6,000 as well as Healthcare and social care - by 5,000.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News bankruptcies registry Registry Agency

More from category

Sharp reactions in Bulgaria after North Macedonia's Deputy Premier called Bulgarians "uncivilized"

The Bulgarian Socialist Party (BSP) insists that the Ministry of Foreign Affairs summons the Ambassador of the Republic of North Macedonia to explain comments made by North Macedonia’s Deputy Premier Aleksandar Nikoloski. In a TV interview he called..

published on 9/18/24 5:18 PM

Bulgaria has the fifth highest growth in overnight stays in the EU, according to Eurostat

Bulgaria is among the top 5 countries in the EU in terms of growth in the number of nights spent by visitors in the period Apr-June 2024 compared to the same period in 2023, Eurostat said. The data show that the country is establishing itself as a..

published on 9/18/24 3:57 PM

MPs introduce 'national resort' criteria

Parliament has adopted, in first reading, amendments to the Tourism Act that regulate the criteria for the designation of National Resorts. The designation will be made by a decision of the Council of Ministers on the proposal of the Minister of..

published on 9/18/24 1:53 PM