the Financial Supervisory Service
pointed out which local firms need restructuring in a press release today
the FSS said it’s 2019 evaluation of the credit risks of more than 3,000 firms
found that 210 companies were at high risk of going insolvent these companies
are advised to undergo restructuring programs such as debt workouts and rehab
measures 20 more firms were dubbed as requiring restructuring compared to 2018
marking the first spike in four years 96 percent of the name companies were small
and mid-sized ones with a larger proportion coming from the machinery
industry followed by real estate businesses and auto parts makers