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German Corporate Insolvencies Climb to Highest April Level in Over a Decade

Provisional June statistics point to a sustained upswing despite a sharp decline in creditor claim values.

Passanten vor einem mit Räumungsverkaufs-Plakaten beklebten Schaufenster.
Die Zahl der Firmenpleiten ist im April erneut deutlich gestiegen. Gegenüber dem Vorjahresmonat beantragten 11,5 Prozent mehr Unternehmen Insolvenz, wie das Statistische Bundesamt in Wiesbaden am Freitag mitteilte.
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Overview

  • April filings rose 11.5 percent year on year to 2,125 cases, marking the strongest April tally since 2014.
  • Aggregate creditor claims for April fell to €2.5 billion from €11.4 billion a year earlier as fewer large companies entered insolvency.
  • Preliminary data show corporate insolvencies in June increasing by 2.4 percent compared with June 2024.
  • Transport and warehousing recorded the highest failure rate at 11.3 insolvencies per 10,000 firms, followed by construction and hospitality.
  • Creditreform projects a 9.4 percent rise in first-half 2025 filings to 11,900 cases with high energy costs, bureaucracy and global uncertainties cited as drivers.