It remains a tough situation for many companies. In September, the number of bankruptcies increased by 11 percent compared to the same period last year, according to figures from credit reporting company UC.

Among other things, more bankruptcies are seen in the real estate and communications industries, as well as among technology companies. In the real estate sector, bankruptcies increased by over 60 percent.

"Once again, we are seeing a small increase in bankruptcies in the Swedish market, which indicates that the recovery is slow and it is clear that the recession is lingering longer than expected," says Gabriella Göransson, CEO of UC, in a press release.

However, there is a decrease in the number of bankruptcies in, for example, the retail, hotel and restaurant, and construction industries.

However, the numbers fluctuate a lot and there is great uncertainty going forward, according to UC.

”"Unfortunately, we are now seeing that bankruptcies are increasing overall, which makes the future bankruptcy situation and the macroeconomic situation difficult to assess," adds Gabriella Göransson.

Source: TT-DI.SE