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| FinStat: The bankruptcy of the year 2025 is the collapse of the eastern Slovak group Bukóza |
| Bratislava, 20.02.2026 |
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| Slovakia recorded a lower number of bankruptcies last year, but bankrupt companies have larger assets, sales, capital and number of employees. The bankruptcy of the year is the collapse of the eastern Slovak group Bukóza, which in 2023 employed over 700 workers, its assets were close to 260 million euros and unconsolidated sales exceeded 161 million euros. More than 180 creditors claim claims worth almost 131 million euros against the group, FinStat reported on Thursday.
Last year, courts declared bankruptcy for the assets of 305 legal entities, which is almost a tenth less than in the record year 2024. This follows from data published in the new Register of Pre-Insolvency, Liquidation and Insolvency Proceedings (REPLIK), which is managed by the Ministry of Justice of the Slovak Republic on the platform of the original Register of Bankrupts.
Although the number of bankruptcies decreased last year, the value of the assets of legal entities that went bankrupt definitively doubled. And even without the Bukóza group, it would have been the highest since the record year 2022. It exceeded 660 million euros and constituted two per thousand of the assets of all non-financial companies that have so far published financial statements for the fiscal year 2024.
Other major bankruptcies include the Confal aluminum smelter, whose factory in Slovenská źupča smelted recycled aluminum into alloys used in the metallurgical or engineering industries. Until recently, it employed up to a hundred employees. Restructuring also failed for the long-term loss-making amorín manufacturer of rod and fin antennas for cars. The Calearo company, which is backed by Italian capital, employed 170 people in the first year of the pandemic, 2020, and exported more than half of its production.
Among the well-known companies that went bankrupt last year were 123Kurier from Tvrdoín and the Bratislava poultry trader Meat Invest.
At the time of the bankruptcy declaration, last year's bankrupts owed a total of 92 million euros in taxes and contributions, which is the most since 2022. This represents an increase of two-fifths year-on-year. According to FinStat data, most of last year's public debt is due to tax arrears, namely 79 million euros, the remaining seventh to liabilities to the Social Insurance Agency and three health insurance companies. The total tax debt is higher year-on-year by almost 42%, contribution liabilities by roughly 28%.
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