Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Closing down sale
Closing down sale - Credit: Photo: Philafrenzy / Wikimedia Commons
Business
Statistics Netherlands
financial services
Flevoland
Friesland
Zuid-Holland
construction
trade
bankruptcies
financial crisis
pre-crisis levels
Monday, 16 January 2017 - 10:11
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Dutch bankruptcies down to pre-crisis levels

The number of bankruptcies in the Netherlands last year fell to its lowest level since 2008, Statistics Netherlands announced on Monday. In 2016 a total of 4,396 companies were declared bankrupt - nearly a fifth less than in 2015 and almost 4 thousand fewer than when bankruptcies peaked in 2013.

Last month 328 companies and institutions were declared bankrupt, 88 fewer than in November 2016.

The number of bankruptcies declined in almost all industries last year. The construction industry saw the strongest decline with 33 percent, partly due to the recovery in the housing market. The financial services industry saw a 20 percent decline in bankruptcy and the trade sector 15 percent.

All provinces except Friesland saw a decline in bankruptcies. Zuid-Holland had the biggest decline in absolute numbers. Relative to business population, Flevoland saw the biggest decrease.

Follow us:

Latest stories

  • Life sentenced prisoners will get additional year for reintegration
  • GroenLinks members trim list for Senate election after congress
  • Possible passenger ceiling at Schiphol again due to staff shortage, travel agency angry
  • PvdA and GroenLinks in Brabant: only together in provincial government
  • Human trafficking near asylum seekers’ center in Gilze systematically not picked up
  • 20-year-old driver from Utrecht dies in car accident on A6

Top stories

  • Possible passenger ceiling at Schiphol again due to staff shortage, travel agency angry
  • Hoekstra wants to reintroduce conscription
  • EU countries agree on new price cap for Russian oil
  • Hermitage shows Rembrandt and contemporaries from The Leiden Collection
  • Dutch police take down Exclu encrypted chat service with 42 arrests, €4 million seized
  • Signal failure briefly halts train traffic around A'dam; NS warns of significant delays

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content