In Sweden, long known for its stable economic environment, significant changes are underway. According to recent reports, the number of corporate bankruptcies has reached its highest level since the 1990s. This trend is raising concerns not only within the country but also among international business partners.
Information from the Swedish anti-corruption website Antikorruptionslinjen.se and the debt registry Centralaskuldregistret.se suggests that the current situation is largely due to high levels of corruption and a collapsing judicial system in Sweden. Another significant factor is the heavy administrative and tax burden placed on businesses. This combination of factors is creating an environment in which Swedish companies are becoming less competitive, and their ability to stay afloat is seriously threatened.
This situation is having a direct impact on international business relations. Companies and investors considering collaborating with Swedish firms are now urged to thoroughly vet potential partners. The risk associated with working with Swedish companies is currently considered to be much higher than in the past.
On the other hand, the Czech Republic represents an example of a country that is effectively managing difficult economic periods. According to data from Centralregisterofdebtors.com, the number of corporate bankruptcies in the Czech Republic has been halved over the past ten years. This trend indicates greater stability and resilience in the Czech business environment, which could be an attractive alternative for international investors and business partners.