Major Insolvencies: Struggling Sectors

6/30/2017 - Infographic and chart

​A sharp rise in the number of major insolvencies - of companies with turnover above 50 million euro - was recorded in Q1 2017. The number of large insolvent companies in the services sector rose to 17 in Q1 2017 (up from 10 in Q1 2016). The number of large insolvent companies in the retail sector rose to 14 in Q1 2017 (up from 5 in Q1 2016). Overall, major insolvencies in these sectors amounted to 60% of the cumulative turnover for all sectors combined.


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