More Polish firms are opting for restructuring rather than bankruptcy, according to data from the Central Economic Information Centre. In the first half of 2025, courts declared 207 bankruptcies, a slight decrease from 2024. In contrast, 2,610 restructuring proceedings were initiated, a trend expected to rise 13% year-on-year.
© Tero Vesalainen | Dreamstime
Bankrupt companies left unpaid debts of over PLN 31 million, while firms undergoing restructuring added PLN 126.6 million, bringing total losses for creditors to PLN 157.7 million. Many warning signs appeared years earlier, with one-fifth of debtors already listed in the National Debt Register (KRD) two years before collapse.
Industry, trade and construction firms were the hardest hit, driven by higher energy and wage costs and weaker exports, particularly to Germany. Industry led with 38 bankruptcies, followed by trade (28), construction (23) and transport (17).
Experts stress that insolvency rarely occurs suddenly. Early monitoring of contractors, stricter sales policies and tools such as factoring can reduce risks. As Emanuel Nowak of NFG noted, pre-emptive financial safeguards are essential: 'Recognising problems early allows companies to secure their operations and minimise losses.'
Mazovia reported the largest debts in both bankruptcies and restructurings, followed by Małopolska and Wielkopolska, underlining regional disparities in financial stability.
Source: www.biznes.meble.pl
