Is there a favorable business environment in Slovakia?

However, according to the executive director of the Business Alliance of Slovakia Petr Serina, the latest data does not indicate the success of entrepreneurs, or rather the favorable environment for business, but rather the overcrowding of registry courts, which also carry out the liquidation of companies.

In Slovakia, 3,676 companies disappeared last year. Even last year The declining trend started in 2016 continued. As for SITA was introduced by an analyst at consulting firm Bisnode Petra Štěpánová, of this number, terminated its activities by liquidation 874 companies 0 Products The year before, entrepreneurs in Slovakia closed 5,074 companies and in 2017 even up to 8,065 companies. It was a record from this point of view, the year 2015, when 8,675 companies disappeared in Slovakia. Vice versa the smallest number of closed businesses was recorded by Bisnode in 2010, namely 3 255.

According to the executive director of the Business Alliance of Slovakia Petr Serina the latest data on the number of defunct companies does not provide on the success of entrepreneurs, respectively on a favorable environment for business. “One of the reasons, in my opinion, will be that from October / November were and still are registry courts, which also perform deletion of companies, overwhelmed by registration of KUV (end users benefits).

For example, in the District Court of Bratislava I, the processing of the application takes business register for about two to three months. Because it is the biggest the registration court in Slovakia and Bratislava is the most registered trading companies, I believe many submissions for deletion filed from October to December were not processed within the legal deadline, were equipped only at the beginning of 2020 and many are not yet equipped, “he explained for SITA Serina.

Bisnode is a leader in data and analytics. It employs more than 2,100 employees in 19 European countries. Uses analytics and scoring models, thanks to which it predicts customer behavior or provides detailed information.

However, according to the executive director of the Business Alliance of Slovakia Petr Serina, the latest data does not indicate the success of entrepreneurs, or rather the favorable environment for business, but rather the overcrowding of registry courts, which also carry out the liquidation of companies.

In Slovakia, 3,676 companies disappeared last year. Even last year The declining trend started in 2016 continued. As for SITA was introduced by an analyst at consulting firm Bisnode Petra Štěpánová, of this number, terminated its activities by liquidation 874 companies 0 Products The year before, entrepreneurs in Slovakia closed 5,074 companies and in 2017 even up to 8,065 companies. It was a record from this point of view, the year 2015, when 8,675 companies disappeared in Slovakia. Vice versa the smallest number of closed businesses was recorded by Bisnode in 2010, namely 3 255.

According to the executive director of the Business Alliance of Slovakia Petr Serina the latest data on the number of defunct companies does not provide on the success of entrepreneurs, respectively on a favorable environment for business. “One of the reasons, in my opinion, will be that from October / November were and still are registry courts, which also perform deletion of companies, overwhelmed by registration of KUV (end users benefits).

For example, in the District Court of Bratislava I, the processing of the application takes business register for about two to three months. Because it is the biggest the registration court in Slovakia and Bratislava is the most registered trading companies, I believe many submissions for deletion filed from October to December were not processed within the legal deadline, were equipped only at the beginning of 2020 and many are not yet equipped, “he explained for SITA Serina.

Bisnode is a leader in data and analytics. It employs more than 2,100 employees in 19 European countries. Uses analytics and scoring models, thanks to which it predicts customer behavior or provides detailed information.