Press release

Milan, May 24h 2016 – In the first three months of 2016, the number of bankruptcies and of other insolvency proceedings in Italy kept on falling an intense pace. By contrast, voluntary liquidations of businesses went back up, but only because of a sharp increase in closures of ‘dormant’ companies, those that were not actually operating on the market. Numbers decreased in all types of insolvency proceedings in the construction sector and in southern Italy – both areas that suffered severely during the crisis years.