About 1,500 businesses in Spain officially declare themselves bankruptcy in 2022. The most productive area bankruptcy proceedings based on the annual balance sheet released this Thursday by the information services company halberdierA position that the industry already occupied the previous year and already had before the pandemic, but that has only gotten worse this past year: between January and December, bankruptcies increased by 34% in this area, reaching its worst figure in ten years.
As a matter of fact, this growth is 13 points higher than the previous year. The economic consequences of the decisions taken to prevent the epidemic. On the other hand, according to Axesor this year’s data “ inflation, the contraction consumption and uncertainty”.
This scenario, which was put on the table to explain the spread of bankruptcies throughout the country, is actually one of the scenarios that shakes the commercial fabric the most. The industry has been saying for months that it is facing a perfect storm: increase in raw material costs, gas Y public transport, rent and mortgage price increaseswith a potential customer less purchasing power and one warm winter which complicates things especially for the fashion industry.
In addition, the shield designed by the government to prevent avalanche shutdowns after the pandemic fell in mid-year, once again making it mandatory for bankrupt businessmen to declare bankruptcy from September 1.
Therefore, you have to go back to 2013 to find the 1,460 bankruptcies that Axesor detected in all of 2022, 27% more and higher than what was detected in 2019, the last covid-free year.
According to this X-ray, the second most affected sector is buildingan increase of 19.3% over the previous year, with around 1,000 competitions recorded during the year. Below manufacturing industryNearly 790 bankruptcy proceedings and subsequently, an increase of 26.9% hostel. However, this latest sector increases the figures by 10% compared to the previous year. So much so that it became the area that reduced its number the most. accredited bankruptcies last year.
In total, this Axesor radar shows that in 2022 there were 6,676 bankruptcies (21.5% more), 68,413 liquidations registered in Spain (in this case an increase of 8% compared to 2021) and Madrid Y Catalonia In that order, it is the communities that are worse off in both cases. In this way, Madrid rises one notch in the ranking, where Catalonia is generally the leader, even though it is once again the region where the most companies are established.
Source: Informacion
James Sean is a writer for “Social Bites”. He covers a wide range of topics, bringing the latest news and developments to his readers. With a keen sense of what’s important and a passion for writing, James delivers unique and insightful articles that keep his readers informed and engaged.