The largest rises in the number of insolvent companies were seen in the accommodation and catering sector, which increased by 8.6%, followed by the information and communications sector with a 7.9% increase, and the transport sector with a 5.6% increase. Only the trade sector experienced a decline of -3.4%, and the finance sector also saw a decrease of -0.7%.
The count of business registrations within the European Union rose by 0.5% between October and December. The information and communications sector experienced the highest growth, with an increase of 6.4%. However, trade experienced a 0.3% decrease, whereas construction and transport each saw a 0.1% decrease.
The count of bankrupt companies in the eurozone rose by 3.5% during the fourth quarter, whereas the number of new business registrations grew by 0.2%.
source: ec.europa.eu
