Analysis: Mainly Construction Companies on Edge of Bankruptcy

Analysis: Mainly Construction Companies on Edge of Bankruptcy

In Slovakia, hundreds of high-risk entities do business for which bankruptcy is only a matter of time, with the highest share of such companies being engaged in the construction of residential and non-residential buildings, indicates an analysis by consulting company Dun & Bradstreet.

The analysis monitored 269,000 companies that do business in Slovakia. It showed that 1,656 of them have the worst rating and have a high credit risk and are on the verge of bankruptcy. The analysis further showed that 'other retail in non-specialised stores' follows with 63 high-risk companies, and 'road freight transport' ended up third with 61 firms.

Source: TASR

Mojmir Prochazka, Photo: TASR

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