Suddenly, a large chain of stores went bankrupt. It ends badly. His stores will be taken over by another

It might seem that large retail chains have an unshakable position on the Czech market. After all, they sell the most important thing that people need, which is food and other goods of daily consumption. In addition, they have now been able to increase their margins as a result of the increase in prices, and … Read more

Gapasdap: 6 Ferry Boat Companies Are Bankrupt

TEMPO.CO, Jakarta – The National Association of River, Lake, and Crossing Transportation Entrepreneurs (Gapasdap) claims it already exists six ship companies out of business. The Gapasdap member companies collapsed due to the unfavorable business climate. The sluggish crossing business is also exacerbated by the increase in transportation fares which has been postponed several times. “So … Read more

Sri Lanka Chaos! Already Crisis and Bankrupt, Now Inflation Soars 70%

Jakarta – Economy Sri Lanka still being hit by obstacles. After bankruptcy and crisis, now Sri Lanka has to face insane inflation. Reported by BBC, Friday (23/9/2022), annual inflation Sri Lanka jumped to over 70% in August. This they experienced while battling the worst economic crisis in the last 70 years. Official data also showed … Read more

In the Czech Republic, the best pastry shop with many branches suddenly went bankrupt. It ends very badly

High raw material prices, constant energy price increases, employee demands for wage increases and an uncertain future. This is the essence of the environment in which Czech entrepreneurs are currently operating. They are often forgotten in this crisis when the burden on households is discussed above all. But companies are not much better off. A … Read more

Popular fast food went bankrupt in the Czech Republic. This was not expected, all its branches are ending

The heyday of the Czech market, when new and new brands entered here like on a conveyor belt, is apparently over. On the contrary, it is necessary to prepare for a period when some popular companies will have to close down their activities because they will no longer be economically viable. An interesting alternative A … Read more

Brussels: one of the historic cafes in the center of the capital, former haunt of Magritte, declared bankrupt

La Fleur en Papier Doré, an institution among historic cafés in the center of Brussels, has been declared bankrupt. The information, announced Tuesday by Bruzz, was confirmed by the owners to Belga. The current managers say they can no longer cope with the financial difficulties generated by the health crisis and the war in Ukraine. … Read more

The best pastry shop in the Czech Republic suddenly went bankrupt. It worked for 100 years, now it ended wildly

The seriousness of the current crisis is best demonstrated by the ugly ends of various businesses, which are constantly increasing. Some of them are traditional, popular and successful for a long time. Their endings are all the more surprising. However, the combination of constantly rising prices of raw materials, labor and energy can be truly … Read more

A popular fast food chain suddenly went bankrupt in the Czech Republic. His ending is not pretty at all

While in the past years we got used to seeing an increasing number of various foreign brands in the Czech Republic in all fields, whether it was restaurants, fashion or other sectors, now it seems that many of them will disappear from the Czech market. Part of it simply did not catch on and did … Read more

Ukraine is bankrupt, unable to fulfill obligations to its people

loading… Chairman of the Russian State Duma Vyacheslav Volodin. Foto/pacsto.org MOSCOW – Ukraine has lost its financial independence because it cannot fulfill its obligations to its citizens without Western help. The statement was made by the Chairman of the Russian State Duma Vyacheslav Volodin on Monday (15/8/2022). Volodin wrote on Telegram that, “Taxes collected make … Read more