Small entrepreneurs doing well


The Czech Credit Bureau reports that the number of bankruptcies among small Czech entrepreneurs is the lowest in five years.

According to statistics there were 60 company bankruptcies in the month of July and 377 bankruptcies of small entrepreneurs which is 108 less than in the preceding month.

The drop in bankruptcies among small entrepreneurs is ascribed to the healthy economy, higher wages and growing demand for their products and services both from companies and individuals.