The first half of 2024 saw 570 companies declare bankruptcy, resulting in the loss of 1,760 jobs, according to the National Institute of Statistics and Economic Studies (STATEC).

This represents an increase of about 30 bankruptcies compared to the same period in 2023 and marks the highest job loss due to bankruptcies in over eleven years.

The holdings and investment funds sector experienced the most bankruptcies, with 155 companies closing down. The construction sector saw 102 bankruptcies, leading to 830 job losses. In the commerce sector, 90 companies ceased operations, while the hospitality sector witnessed 58 bankruptcies.

Additionally, 69 companies were liquidated in the first six months of the year, meaning their assets were sold off because they could no longer pay their debts. This number represents a significant decrease of 83% compared to the first half of 2023.