European Economic Climate: BISNODE Predicts Moderate Economic Slowdown

Posted by Joachim Bartels | Nov 21, 2012 | Bisnode, Business Information, European Union, Member, Member News, Sweden | 0 |

Europe’s leading business information supplier Bisnode has published an aggregate report of bankruptcies and business startups for the third quarter of 2012, indicating continued economic slowdown for the region. Adjusted for seasonal factors, the trend of decreased business startups and increased bankruptcies remains. Businesses in the transport and communication industries continue to suffer due to fierce competition and increased fuel prices.

Business startups in the region have a year on year increase of 0.2% and a decrease of -6.3% from Q2. Bankruptcies have a year on year increase of 5.4% and a decrease of -8.7% for the third quarter.

To read the full report click on the link: http://www.bisnode.com/europeanreport

Source: BISNODE – A member of BIIA

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.