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More than 17,000 companies in Croatia ripe for bankruptcy

Data from the website Boniteti.com shows that an analysis of 85,526 annual financial reports for 2009 reveals an astonishing figure of as many as 17,189 domestic companies with the lowest credit rating – E.

Translated, this means that more than 17 thousand companies are on the brink of bankruptcy, or for those who prefer softened versions, the likelihood of their insolvency in the future is high.

Read more in the new issue of the weekly Lider