<\/span><\/h2>\nThe year 2026 will be a test of resilience for Polish companies. Although many businesses currently maintain good liquidity, high interest rates and cost pressure will gradually limit their ability to cope with crises. Coface experts therefore expect insolvencies to rise in the coming months. The situation in the Middle East will be an important factor.<\/p>\n
\u201cAlthough it is not known how long the blockade of the Strait of Hormuz will last, one thing is absolutely certain: every additional day increases the scale of negative economic consequences,\u201d says Dr Mateusz Dadej.<\/p>\n
\u201cThe raw materials to which access has been restricted are crucial for the functioning of many sectors of the economy. Energy, petroleum products, fertilisers and aluminium form the foundation of numerous industries, which means that increases in their prices will inevitably affect companies\u2019 cost structures, gradually increasing cost pressure across the economy. From the perspective of households, rising fuel prices, partly cushioned by interventions, mean the need to limit spending on other goods and services, many of which are produced by the domestic economy. For these reasons, Coface currently expects slower economic growth than last year. According to our forecasts, it will amount to 3.5%,\u201d he adds.<\/p>\n
The corporate sector currently maintains a historically high level of liquidity, which may allow companies to withstand difficult market conditions for a relatively long period. For this reason, experts expect a gradual increase in the number of insolvencies to begin only in the later quarters of 2026, when Polish companies start to lose their liquidity buffer.<\/p>\n","protected":false},"excerpt":{"rendered":"
In the opening quarter of 2026, Poland recorded a year-on-year decline in the number of insolvent companies for the first time since the pre-pandemic period. According to a report by Coface, 1,288 companies in Poland declared insolvency during that period. This was 10.1% fewer than in the corresponding period of the previous year. Experts warn, […]<\/p>\n","protected":false},"author":1,"featured_media":5508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"For the first time since the pre-pandemic period, Poland recorded a year-on-year decline in corporate insolvencies.\r\n\r\nAccording to Coface, 1,288 companies declared insolvency in Q1 2026 \u2014 10.1% fewer than in the same period last year. At first glance, this may look like a sign of improving business conditions. Companies benefited from stronger demand, better liquidity and slower wage cost growth.\r\n\r\nHowever, experts warn that the improvement may prove temporary.\r\n\r\nMacroeconomic and geopolitical risks are once again gaining importance. Tensions in the Middle East and the blockade of the Strait of Hormuz may put renewed pressure on energy prices, commodity markets and supply chains. This could gradually increase costs for companies and weaken household consumption.\r\n\r\nConstruction remains under particular pressure. It was the only major sector to record a further rise in insolvencies, with the number of cases increasing by 13.1% year on year. Services still accounted for the largest share of insolvencies, while transport and agriculture saw declines \u2014 although both sectors may face renewed challenges in the months ahead.\r\n\r\nCoface experts expect that insolvencies may begin to rise again later in 2026, as companies gradually lose their liquidity buffers and face higher costs, weaker demand and continued uncertainty.\r\n\r\nThe beginning of the year brought relief for Polish businesses. The real test may come in the next quarters.\r\n\r\n#Poland #Economy #Business #Insolvency #Coface #Construction #Transport #Geopolitics #Macroeconomics #CEE","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,15],"tags":[3479,64,2692],"class_list":["post-5652","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-economy","tag-coface","tag-poland","tag-sharp"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=5652"}],"version-history":[{"count":2,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5652\/revisions"}],"predecessor-version":[{"id":5654,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5652\/revisions\/5654"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/5508"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=5652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=5652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=5652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}