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AVERAGE MARK OF SOLVENCY OF CRO FIRMS WORSE IN NOVEMBER THAN IN OCTOBER

ZAGREB, Dec 10 (Hina) - An average mark of solvency of the examined Croatian companies in November was somewhat worse than in October, and it was 440.5241 points. None of examined firms won a satisfactory mark which is 300 points and below, said the Zagreb-based Intercredit company that inspects the soundness and credit rating of firms in Croatia and abroad. The above-mentioned average mark of solvency means that the financial situation is temporarily critical in the firms concerned. According to results of the review made by the Intercredit in November, the situation is very worrysome and bad in the examined companies. Companies in service industries that were given the worst mark in October, received the best one (432.9318) in November. They are followed by manufacturing plants with 437.2323 points while, and the worst record as regards solvency was sho
ZAGREB, Dec 10 (Hina) - An average mark of solvency of the examined Croatian companies in November was somewhat worse than in October, and it was 440.5241 points. None of examined firms won a satisfactory mark which is 300 points and below, said the Zagreb-based Intercredit company that inspects the soundness and credit rating of firms in Croatia and abroad. The above-mentioned average mark of solvency means that the financial situation is temporarily critical in the firms concerned. According to results of the review made by the Intercredit in November, the situation is very worrysome and bad in the examined companies. Companies in service industries that were given the worst mark in October, received the best one (432.9318) in November. They are followed by manufacturing plants with 437.2323 points while, and the worst record as regards solvency was shown by the commerce firms (445.988). According to the size of firms, the best were big companies in this regard last month with 422.2069 points. (hina) ms

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