INTERCREDIT: SOLVENCY DECREASE CONTINUES IN OCTOBER

ZAGREB, Nov 22 (Hina) - The average solvency of Croatian companies has continued to decrease in October with the average solvency mark being 416.6816 points, which is 2.8544 points less than in September, Zagreb's Intercredit company, which investigates financial soundness and debt-collection in Croatia and abroad reported. Service companies still have the best financial soundness - a satisfactory mark of 397.8125 points, whereas state-owned companies take the last place with 477.9310 points. According to size, medium-sized companies are the most successful with 404.5522 points, whereas large companies take the last place with 426.5854 points. According to ownership structure, private companies have the best rating, with 411.0526 points. They are followed by companies with a mixed ownership structure (431.1765 points) and state-owned companies with 477.9310 points. Most requests for the investigation of financial soundness came from Germany (28.6 percent), France (22.4%) and Austria (21.9%). As regards the collection of claims through Intercredit Zagreb, the trend of increased activity in the collection of claims has continued in October. According to Intercredit, most debt- collection cases are conducted against trade companies (49.38%) and manufacturing companies (36.06%), whereas service companies are the most regular payers. (hina) rml