Polish Firms Turn to Restructuring in Record Numbers to Avoid Bankruptcy
Corporate restructurings surged nearly 15% in 2025, hitting an all-time high as companies navigate a difficult economic climate.
The number of corporate bankruptcies in Poland fell 5% in 2025, but a record surge in restructuring proceedings suggests companies are increasingly seeking alternatives to insolvency amid a challenging economic environment.
A total of 416 companies declared bankruptcy last year, according to a report from business intelligence firm MGBI. While down from 2024, the figure represents the second-highest annual total in the last five years, underscoring persistent market pressures. The report, titled “Bankruptcy and Restructuring Proceedings. Report 2026,” also noted a rise in new restructuring cases and consumer bankruptcies.
The most significant trend was a sharp increase in companies opting for reorganization. The number of new restructuring proceedings climbed 14.7% year-over-year to 5,132, crossing the 5,000 threshold for the first time.
Industrial processing saw the highest number of bankruptcies with 116 cases, followed by wholesale and retail trade at 91 and construction at 53.
The surge in restructurings was led by the trade sector, which recorded 1,011 new proceedings, an 11.2% increase from 2024. Construction followed with 920 proceedings, a jump of 30.3%, while industrial processing saw 771 companies begin restructuring, up 18%.
