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This is an archived release.
Bankruptcy in the ICT-industry increases
The number of bankruptcies within the information- and communication industry (ICT-industry) has increased significantly. The figures show an increase of 52 per cent compared with last year, from 91 to 138 bankruptcies.
At the end of the third quarter of 2001 the number of bankruptcies in Norway was unchanged compared with the same period last year. But the ICT-industry stands out by a great increase in bankruptcies. The increase joins the signals of the weak performance by the ICT-industry. While the share of bankruptcy proceedings for the ICT-industry was 3 per cent last year, it is 5 per cent this year.
Large changes for some industries
The manufacturing industry had an increase in bankruptcies of 2 per cent compared with last year. Its share of all bankruptcy proceedings was 7 per cent this year. The largest increase of bankruptcies was in the industry for real estate, renting and business activities. It increased by 57 per cent, from 177 to 278 bankruptcies. Personal bankruptcies are 6 per cent lower than last year.
No over all change
The total number of bankruptcies increased only by 0.2 per cent, or by 4 bankruptcies. There were 2 656 bankruptcies in Norway during the first nine months. 5 out of 19 counties had a decrease of bankruptcies. Largest decrease was in Rogaland by 38 per cent, while Aust-Agder had the largest increase by 30 per cent. Oslo had most bankruptcies with 541, an increase of 7 per cent. This is almost twice as much as in Akershus, which had the next largest number of bankruptcies by 277.
Contact
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Harald Fondevik
E-mail: harald.fondevik@ssb.no
tel.: (+47) 40 90 24 47