Number of Receiverships in 2011 Up by a Third Y/Y

Ljubljana, 06 January (STA) - A total of 675 receivership proceedings

were launched in Slovenia in 2011, which is almost a third more than in the

year before. The number of court-mandated debt restructuring and

liquidation proceedings rose by 17% to 42, according to the Agency for

Public Legal Records and Related Services (AJPES).

Of the 675 receiverships, 577 were initiated over companies and

cooperatives, and 93 were over sole proprietors, AJPES said in a press

release on Friday.

The highest number of receivership proceedings

started in March and June (68 and 67, respectively), while there were only

37 in December. In 2010, the months with the most receiverships were March,

October and December.

In 2011, 398 business entities were deleted

from the business register due to receivership, most of which were

companies and cooperatives. In the year before, 291 businesses were removed

from the register.