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Press release: Number of bankruptcies increased 110% in 2008

25. Mar 2009

The bankruptcies survey of Estonia conducted by Krediidiinfo AS for nine years already reveals that after a declining trend in bankruptcies observed for a number of years the amount of bankruptcies soared in 2008, and the same trend is continuing this year as well. Last year 429 companies were declared insolvent in Estonia, therefore the Press release: Number of bankruptcies increased 110% in 2008