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

Photo: Depositphotos Photo: Depositphotos

SINT MAARTEN/THE NETHERLANDS – 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.  (DutchNews)

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