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In October 2022, the implicit interest rate on housing credit and the average loan repayments increased in the Autonomous Region of Madeira (Read more...)
In the 3rd quarter of 2022, the overdue loans ratios decreased compared to the previous quarter (Read more...)
In 2022, the proportion of persons between 16 and 74 years old who reported having used the Internet in the last 3 months prior to the interview was higher in the Autonomous Region of Madeira than in the country (Read more...)
In the first nine months of 2022, the natural decrease was higher than in the same period of the previous year (Read more...)
Between January and September 2022, the egg production, livestock slaughtering and poultry meat increased year-on-year while landed catch registered a decrease, but its value rose (Read more...)
At the end of the 3rd quarter of 2022, the number of jobs in the Regional Administration of Madeira was 20 806 (Read more...)
DREM releases "In Focus" with statistical indicators related to the sea for the Autonomous Region of Madeira (Read more...)
DREM releases Culture indicators for 2021 (Read more...)
DREM releases data for January to September 2022 on golf courses and cruise ships that visited the Region (Read more...)
In August 2022, Madeira’s economy accelerated (Read more...)
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In the 3rd quarter of 2021
Number of bankruptcy, insolvency, and recovery of companies registered in the 1st instance courts of the District of Madeira decreased from the prior quarter and year-on-year
According to the information provided by the Directorate-General for Justice Policy (DGPJ), the number of incoming cases in the District of Madeira related to bankruptcy, insolvency, and company recovery proceedings decreased from 58 in the 2nd quarter of 2021 to 41 cases in the 3rd quarter of 2021 (-29.3%). Compared to the same quarter of the previous year (44 cases) there was a decrease of 6.8%.
In the 3rd quarter of 2021, 40 completed cases were counted, 38 of which ended in bankruptcy or insolvency (95.0%). The number of bankruptcy/insolvencies decreased from the previous quarter (54) and the same quarter of the last year (39).
Regarding the type of legal person involved in the bankruptcies/insolvencies, the share of natural persons (81.6%) was higher than the share of legal persons. In fact, of the 38 decreed bankruptcies/insolvencies in this quarter, 31 were of natural persons and 7 of legal persons. This result is in line with the usual trend, and only in the 2nd quarter of 2020 was there an exception, with the number of bankruptcies/insolvencies decreed for legal persons exceeding that of individuals.