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According to Statistics Netherlands (CBS), there was an increase of 37 companies that were declared bankrupt in June compared to a month earlier. This is a rise of 11 percent, the NL Times reported. According to CBS, the number of bankruptcies has been trending upward for the last two years. In the first six months of 2024, 40 percent more companies were declared bankrupt than in the same period a year earlier. The number of bankruptcies was also higher than in the same time period in the three years before the coronavirus, CBS reported.
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Dutch football club Vitesse moved closer to bankruptcy on Monday with the announcement that their likely financial savior, investor Guus Franke, has pulled out of talks to rescue the club, the Telegraaf, the NL Times reported. The club had until the end of Monday to submit its supporting material to the KNVB to appeal the Dutch football association's decision to withdraw Vitesse's professional license. Vitesse said it had found an ideal partner in Franke, the founder of international private equity firm Axiom Partners.
Family doctor center Co-Med will file for bankruptcy this week, the attorney for the chain of general practitioner offices confirmed, the NL Times reported. Co-Med has been in dire straits for some time, and health insurers recently canceled their contracts with the chain, partly because their doctors have not been available to provide healthcare for the chain's patients. Attorney Georges van Zeijl has only been involved in the case for a short time, but said he has "noted with some surprise" the speed with which Co-Med has been "pushed to the abyss" in recent weeks, he said.