Spain recorded a total of 855 bankruptcy proceedings and 4,533 dissolutions in the first month of the year, representing an increase of 34% and 3%, respectively, according to data published this Thursday by Informa D&B. It is the smaller companies, specifically microenterprises, that account for the majority of the bankruptcies initiated in January, at 81%. Small enterprises make up nearly 17%, medium-sized enterprises account for 2%, and only one large…

Informa D&B| In the first two months of 2024, 1,516 insolvency proceedings and 7,871 dissolutions have been registered in Spain, according to data on insolvency proceedings extracted by INFORMA D&B S.A.U. (S.M.E.), a subsidiary of Cesce. These figures represent an increase of 48% for insolvency proceedings, while dissolutions decreased by 1%. The companies in insolvency proceedings in February had sales of around €666 million and employed 5,300 people. Most of…

The CEOE employers’ association has detected that “unfortunately, a significant destruction of the business fabric is taking place”. This is a deterioration “that translates into the loss of 17,300 self-employed, since the beginning of the year, and the closure of 16,764 companies in the month of January alone”, according to the newspaper Expansión. Thus, between the different types of companies and businesses, 34,000 enterprises have been destroyed so far this…