Press release

Milan, September 26th 2016 – Figures of Cerved Monitor of Bankruptcies, Insolvency Proceedings and Business Closures for the second quarter of 2016 paint a picture with bright and dark colours. According to the picture shot by the largest information provider in Italy, from April to June of this year, the downward trend of bankruptcies has been confirmed; even though it is a more modest improvement than those seen in the last two quarters (3,800 businesses bankrupt, a 2% year-on-year decrease).