IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The total number of liquidations recorded showed a decrease of 1,2% in September 2018 compared with September 2017. Compulsory liquidations decreased by 6 cases while voluntary liquidations increased by 4 cases. A noteworthy increase was recorded in the construction industry, namely 14 more liquidations (from 2 to 16).

The number of liquidations decreased by 1,5% in the third quarter of 2018 compared with the third quarter of 2017. During the first nine months of 2018, the number of liquidations showed a year-on-year increase of 3,6%. Company liquidations increased by 8,1% (from 657 to 710), while close corporation liquidations decreased by 0,9% (from 664 to 658).

The estimated number of insolvencies decreased by 10,3% year-on-year in August 2018. A 20,9% decrease was estimated in the three months ended August 2018 compared with the three months ended August 2017. There was a decrease of 16,9% in the first eight months of 2018 compared with the first eight months of 2017.