"The year 2023 ends with a decrease in insolvencies, with 3,706 insolvent companies, 163 fewer than in the same period of 2022 (decrease of 4.2%)", reports NM.

Company incorporations fell in December (-9.8%), but closed 2023 in the opposite direction with an increase of 6.2%.

Furthermore, insolvencies increased by 1.8% in December compared to the same month of 2022.