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

Patchy clouds and sun, showers mainly in the west

On Wednesday, minimum temperatures will range from 8 to 14°C. In Sofia, it will be around 8°C. During the day, cloud cover will increase from west to east, with light rain possible in some western areas before noon. There is a heightened probability of..

published on 5/20/25 7:05 PM

President Rumen Radev meets with Japan's Prime Minister Shigeru Ishiba

Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba signed a joint declaration on elevating bilateral relations between Bulgaria and Japan to the level..

published on 5/20/25 6:08 PM

2 kilometers remain to be built on the Bulgarian side of Corridor No. 8

Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic Sea with the Black Sea through Albania, North Macedonia and Bulgaria, Permanent Secretary of the..

published on 5/20/25 5:27 PM