Credit Protection Association: Current challenges are overwhelming many businesses

2024-07-24 07:18:27

VIENNA – KSV1870 investigated the causes of bankruptcies in the previous year and concluded that many bankrupt companies lacked the basis for their operations. Overall, many companies are feeling overwhelmed by the current challenges, the credit protection agency’s assessment shows. KSV’s current investigation into the causes of insolvency shows that “operational reasons” for insolvency, such as lack of organization, have increased significantly compared to 2022.

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#Credit #Protection #Association #Current #challenges #overwhelming #businesses

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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