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Expected growth of bankruptcy in France to continue this and next year |
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Monday, 08 September 2008 |
Slowing the economy will have impact on French companies and is expected bankruptcy of companies to increase by 5 percent this and next year, reaching 50 thousand - the highest level in more than 10 years, announced the French Journal Tribune, quoting a study Company Xerfi.
Bankruptcy in 2007 grew by 6%.
According to the survey the business climate is not favorable disgusted: observed slowdown in activities decrease in profitability and tightening of credit terms.
The survey indicates the reverse of the medals at the dynamic creation of companies in recent years (nearly 1.4 million between 2003 and 2007), writes Tribune. One of every three companies "disappear" before their third "birthday" and one of every two - before the fifth.
The most affected, according to the survey are companies from the construction sector, this real estate and business services.
It is expected that the number of bankruptcy among companies in the sector of real estate to increase by 13.2% in 2008 and 18.8% in 2009 or 1540 bankruptcy in the industry this year and 1830 next. |
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