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Insolvency Statistics
2006 | | | | Czechia | Hungary | Poland | Slovenia | Slovakia | Estonia | Latvia | Lithuania | Bulgaria | Croatia | Romania* | (a)
| Judicial Compositions
| 3 | 22 | 96 | 80 | 0 | n.a. 2.) | n.a. 2.) | n.a. 2.) | n.a. 1.) | n.a. 1.) | 1,625 | (b)
| Bankruptcies
| 1,216 | 9,553 | 480 | 399 | 251 | 170 | 654 | 355 | 183 | 179 | 4,604 | (c)
| Bankruptcies revoked due to lack of assets | 647 | n.a. 2.) | n.a. 2.) | 103 | 1,470 | n.a. 2.) | n.a. 2.) | n.a. 2.) | n.a. 1.) | 445 | 492 | | | Total Insolvencies | 1,866 | 9,575 | 576 | 583 | 1,721 | 170 | 654 | 355 | 183 | 624 | 6,721 | |
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2005 | | | | Czechia | Hungary | Poland | Slovenia | Slovakia | Estonia | Latvia | Lithuania | Bulgaria | Croatia | Romania* | (a)
| Judicial Compositions
| 3 | 27 | 156 | 106 | 0 | n.a. 2.) | n.a. 2.) | n.a. 2.) | n.a. 1.) | n.a. 1.) | 156 | (b)
| Bankruptcies
| 1,205 | 8,099 | 637 | 449 | 293 | 208 | 647 | 577 | 238 | 212 | 3,171 | (c)
| Bankruptcies revoked due to lack of assets | 600 | n.a. 2.) | n.a. 2.) | 178 | 1,352 | n.a. 2.) | n.a. 2.) | n.a. 2.) | n.a. 1.) | 630 | 255 | | | Total Insolvencies | 1,808 | 8,126 | 793 | 733 | 1,645 | 208 | 647 | 577 | 238 | 842 | 3,582 |
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Insolvency rates 2006 | | | | Czechia | Hungary | Poland | Slovenia | Slovakia | Estonia | Latvia | Lithuania | Bulgaria | Croatia | Romania | (a) | Judicial Compositions | 700,000 | 478,000 | 3.522,000 | 153,000 | 527,000 | 106,000 | 210,000 | 170,000 | 232,000 | 71,000 | 532,000 | | | Total Insolvencies | 0.3% | 2.0% | 0,0% | 0.4% | 0.3% | 0.2% | 0.3% | 0.2% | 0.1% | 0.9% | 1.3% | |
Deviations (1st half 2006 / 1st half 2005) | | | | | Czechia | Hungary | Poland | Slovenia | Slovakia | Estonia | Latvia | Lithuania | Bulgaria | Croatia | Romania | (a)
| Judicial Compositions
| 0% | -19% | -38% | -25% | - | - | - | - | - | - | 942% | (b)
| Bankruptcies
| 1% | 18% | -25% | -11% | -14% | -18% | 1% | -38% | -23% | -16% | 45% | (c)
| Bankruptcies revoked due to lack of assets | 8% | - | - | -42% | 9% | - | - | - | - | -29% | 93% | | | Total Insolvencies | 3% | 18% | -27% | -21% | 5% | -18% | 1% | -38% | -23% | -26% | 88% |
| 1.) | Not published in public sources | | 2.) | Not published separately in public sources | | * | provisional figures, due to public sources inaccuracy |
| Note: | | | | | | | | | | | | As the terminology and structure of insolvency procedures may vary from country to country, Coface Central Europe distinguishes between the following basic types of proceedings and uses the following terms when referring to insolvency proceedings in the markets covered: | | Judicial composition proceedings: This term refers to insolvency proceedings that are directed primarily to achieving debt relief for and the continuation of business by an insolvent enterprise. | | Bankruptcy proceedings: This term refers to insolvency proceedings that are directed to achieve the orderly windup of an insolvent enterprise with the objective of liquidating or reorganising the business. | | | | | | | | | | |
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