There is no sign of reducing the phenomenon of corporate bankruptcies in Italy, which indeed according to Cerved data have recorded a new ten-year record. In the first nine months of the current year they were in fact almost 10 thousand (exactly 9.902) up by 12% compared to the same period of 2012, while the growth of the third quarter alone is 9%. According to the database of the company specializing in business analysis and credit risk assessment, bankruptcies are at the "highest level observed for more than a decade in the January-September period".
The growth in defaults concerns all legal forms, with double-digit growth rates: +12% for joint-stock companies, +10% for partnerships and +11% for other legal forms. And all sectors: the service industries yield the most (with an increase in bankruptcies of 14%), followed by manufacturing: +11%, which reverses the positive trend of 2012. The increase in the phenomenon also continues in construction (+9,7%), the sector that is paying the heaviest toll on the crisis.
The increase in bankruptcies is also a widespread phenomenon from a geographical point of view: Lombardy accuses by far the highest absolute number of bankruptcies (2.250 in the first nine months) with an increase of 13%. Worse the trend of Emilia Romagna and Veneto (+19% for both Regions) and Lazio (+15%). The South is also bad, with Liguria (-11%) and Umbria (-18%) defaults holding back.
