Report
Luxembourg bankruptcies hit record in 2018
A report by released by Creditreform shows there were 1,195 bankruptcies in Luxembourg last year
The number of company bankruptcies reached a record in Luxembourg last year.
According to a study released on Wednesday by credit management company Creditreform, last year there were 1,195 companies that closed their doors. This is a rise of almost 28% compared to the 935 insolvencies in 2017.
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