Coface: Average Turnover Of Firms Entering Insolvency In 1Q Tripled On Year

06.11.2013 By Ioana Tudor

The average turnover of firms that entered insolvency in the first quarter of 2013 is triple compared to that of firms that defaulted on their debts in the similar interval a year ago, despite a 10% fall in the number of insolvencies, according to rating agency Coface.

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Keywords:
INSOLVENCY
, SURVEY
, TURNOVER