The number of bankruptcies in Slovenia boomed this year

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Only in September, 125 bankruptcy proceedings began in Slovenia, it is an absolute monthly record in the statistics database of the Agency of the Republic of Slovenia for Public Legal Records and Related Services (AJPES).

The  Number of bankruptcy proceedings first jumped in July, then when  the amendments to the Law on financial transactions, and insolvency proceedings in involuntary dissolution came into force.

Branko Djordjevic, the trustee, says that for the increased number of bankruptcy proceedings, he blames the bankruptcy law article, which says, that the company, which invests bankruptcy for itself, is exempted of  advance payments ,amounting to more than three  thousands euros. The staff , who invest bankruptcy over unpaid wages, are also exempted of advance payments.

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