site.btaCoface Reports Increase in Insolvency Proceedings of Companies in Bulgaria, Region
![Coface Reports Increase in Insolvency Proceedings of Companies in Bulgaria, Region](/upload/1357486/20230426-_N3A1897-min.jpg?l=1000)
![Coface Reports Increase in Insolvency Proceedings of Companies in Bulgaria, Region](/upload/1357486/20230426-_N3A1897-min.jpg?l=1000&original=0212d51b718bf45e1a655e11af616d3afb8789e1)
Trade credit insurance company Coface estimates that the total number of insolvency proceedings in Central and Eastern Europe (CEE) has increased by 39.3% from 25,917 in 2021 to 36,090 in 2022. Bulgaria is among the eight countries with a higher number of bankruptcies in 2022 compared to the previous year.
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