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Bankruptcies increase in Lithuania in January

  • 2015-02-05
  • By TBT staff and newswires
VILNIUS - Vilnius, February 2 (ELTA) - Compared to December 2014, the number of bankruptcies in January increased by a third, while the number of distraints decreased by a third. In January, a total of 748 Lithuanian companies saw their assets frozen, or by 153 cases less than in December. Meanwhile, a total of 199 companies went bankrupt, which is by 63 cases more than a month ago and by 57 cases more than in January 2014. The majority of bankrupt companies (32 cases) were engaged in the wholesale trade, transport and storage (17 cases) and construction (9 cases...
 
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