Survey says Czech agriculture, transport are high-risk sectors.

By bne IntelliNews October 22, 2010
Agriculture, transport, trade and manufacturing are considered the most risky sectors in the Czech Republic in terms of companies facing a risk of bankruptcy, the CEKIA agency stability rating showed. According to the survey, every third company in agriculture and every fourth firm in transport is running the risk of bankruptcy, the CTK newswire reported. This also reflects the fact that both sectors are highly dependent on and directly affected by the economic cycle, CEKIA director Alena Seoud explained. Next in terms of bankruptcy risk come mining, real estate, and hotels and restaurants. Electricity, gas and water production and distribution, and the financial services and insurance, are seen as less risky sectors which reflects the fact that they are highly regulated and have entered the economic crisis strong.

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