CITR: Number of distressed impact companies at highest level since 2013

* 43% of all impact companies are restructuring or in imminent insolvency * The number of companies in imminent insolvency is approaching 7,000

The number of impact companies in imminent insolvency increased to the highest level recorded in the last 11 years and reached 6,949 in 2022, significantly ahead of the 6,463 companies in difficulty registered at the end of the previous year, according to a study carried out by the insolvency society and CITR restructuring. An impact company is, according to the cited source, a company with assets greater than one million euros.

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