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Improvement in’s in last four months


A report compiled by PricewaterhouseCoopers in association with Fletcher Advisory have evidence that internet companies have upturned their chances of surviving and are performing better than they were four months ago.

This study also stated that evidence shows the sector appears to have recovered after some damaging insolvencies that happened earlier this year.

The length of time that companies are expected to survive without fresh funding also appear to have improved right across Europe and that they now average 20 months rather than 13 as identified last December.

Dot.coms throughout Europe appear to be taking proactive steps to strengthen and regain confidenced in their position within the market. This is a result of investors approaching dot.coms with more caution, thus forcing companies to reorganise and also be more careful with who they choose as partners.

It has emerged that Germany is the dominant power in the European internet stakes claiming that 56 of Europes 150 top companies are in fact German.


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