The number of bankruptcies rose again in July. According to Statistics Netherlands (CBS), 24 more companies were declared bankrupt last month than in June, an increase of 6 percent. CBS says the trend in the number of bankruptcies has been rising for more than two years.
In the first seven months of 2024, approximately 43 percent more companies went bankrupt than in the same period a year earlier. The number of bankruptcies was also higher than in the three years before the coronavirus pandemic.
In July, 453 companies and institutions, including sole proprietorships, were declared bankrupt. Of all sectors, trade had the largest number of bankruptcies at 108. That is 60 more than a month earlier. Trade is one of the sectors with the most…
