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Close to 150 large companies went bust in Q2 2020

Close to 150 large companies went bust in Q2 2020
Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cam a22000004b 4500
001  MAP20200027140
003  MAP
005  20200812095446.0
008  200210e20200729fra|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎eng‎$d‎MAP
084  ‎$a‎922.114
1001 ‎$0‎MAPA20120004023‎$a‎Lemerle, Maxime
24510‎$a‎Close to 150 large companies went bust in Q2 2020‎$c‎Maxime Lemerle
260  ‎$a‎Paris‎$b‎Euler Hermes ‎$a‎Munich‎$b‎Allianz‎$c‎2020
300  ‎$a‎4 p.
4900 ‎$a‎Allianz Research
520  ‎$a‎In the second quarter of 2020, 147 large companies- with turnover above EUR50mn - went insolvent, representing an increase by +70 cases compared to Q12020 (+91% q/q) and +73 compared to Q2 of last year (+99% y/y). The cumulative turnover of insolvent major componies also surged to EUR106.9bn (+ 155% q/q and + 138% y/y). All three sub-cotegories of componies we monitor by size of turnover posted a record level of major insolvencies: 22 cases in Q2 ( + 12 q/q) for those with a tu rnover exceeding EUR 1bn; 77 ( +46) for those with o turnover between EUR100mn and EUR1bn; and 48 (+12) for those with turnover between EUR50mn and EUR100mn. In this context, the average turnover af major companies becoming insolvent jumped to EUR727mn in Q2 2020 compared to EUR544mn in Q1 and EUR601mn in 2019.
650 4‎$0‎MAPA20080611897‎$a‎Perspectivas económicas
650 4‎$0‎MAPA20080601645‎$a‎Finanzas corporativas
650 4‎$0‎MAPA20080565206‎$a‎Corporaciones
650 4‎$0‎MAPA20080558949‎$a‎Insolvencia
650 4‎$0‎MAPA20090026643‎$a‎Impagos
7102 ‎$0‎MAPA20140005529‎$a‎Euler Hermes
7102 ‎$0‎MAPA20080447007‎$a‎Allianz
830 0‎$0‎MAPA20200011583‎$a‎Allianz Research
856  ‎$q‎application/pdf‎$w‎1107545‎$y‎Recurso electrónico / Electronic resource