Federal Statistical Office: The variety of bankruptcies is rising dramatically – two sectors particularly are affected | EUROtoday

Dark instances for the German financial system: The variety of firm bankruptcies in Germany has elevated considerably within the latest previous. The Federal Statistical Office (Destatis) introduced on Monday that there was a big enhance of 10.4 p.c within the variety of common insolvencies filed in September in comparison with the identical month final yr. This preliminary info relies on present insolvency bulletins from all native courts. According to Destatis, they don’t but have the reliability of official statistics and are due to this fact categorised as so-called experimental knowledge.

When wanting on the outcomes, it needs to be taken into consideration that the purposes are solely included within the statistics after the primary choice of the insolvency court docket. According to Destatis, the precise date of the insolvency software is in lots of instances nearly three months earlier. According to the ultimate outcomes, the district courts reported 2,197 company insolvencies filed for July. That was 13.4 p.c greater than in the identical month final yr. The native courts put the collectors’ claims from the corporate bankruptcies reported in July at round 3.7 billion euros. In July 2024, the claims had been nonetheless round 3.2 billion euros.

Based on 10,000 firms, there have been a complete of 6.3 company insolvencies in Germany in July 2025. The most bankruptcies per 10,000 firms had been within the transport and warehousing sector with 12.7 instances. This was adopted by the hospitality business and the supply of different financial providers – equivalent to short-term employment businesses – with 9.9 insolvencies per 10,000 firms. “The insolvency statistics only reflect business tasks that take place in the course of insolvency proceedings, but not those for other reasons or before acute payment difficulties arise,” Destatis continued.