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Bankruptcy Cases in Germany up 17% Compared to Last Year

Summary by Financial World
According to new information from the economic institute IWH from Halle, a decrease in the number of bankruptcy applications was recorded in Germany in May of this year compared to the previous month, but at the same time the procedure involved a significantly larger number of employees. A total of 1,478 companies declared bankruptcy, which is nine percent less than in April. However, compared to the same period last year, the number of companie…
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The number of company bankruptcies in Germany decreased in May, after rising to the highest level in twenty years in April, according to a report by the IWH economic research institute in Halle.

Insolvencies in May, despite the decline, affected more employees

aachener-zeitung.deaachener-zeitung.de
Reposted by
op-online.deop-online.de

The trend in insolvencies in Germany was last up, and a peak was reached in April. IWH's economic researchers are now presenting new data.

The number of insolvencies of partnerships and corporations in Germany decreased noticeably in May. However, according to the insolvency trend published on Tuesday by the Leibniz Institute for Economic Research Halle (IWH), the already high number of affected employees continued to rise. The number of company bankruptcies in May was 1,478. This was nine percent fewer than the previous month, but 17 percent more than in May 2024 and 53 percent mo…

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ht.no broke the news in on Tuesday, June 10, 2025.
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