Mathias Winge, lawyer and partner at Fylgia, shares his perspective on how the COVID-19 pandemic has impacted the business climate in Sweden. In a recent interview, he highlights the significant rise in bankruptcies and restructurings during the spring and summer of 2020, explaining why the demand for legal assistance in insolvency matters has surged.

Despite government support measures, there remains concern that many companies still risk facing serious difficulties once this support is phased out. Mathias emphasises the importance of clear guidelines and long-term planning for the economic restart — a crucial factor for small and medium-sized enterprises to survive and grow post-crisis.

Read the full interview on the effects of the COVID-19 crisis on restructurings and bankruptcies here.