Overview

• Allianz Trade forecasts an 11 percent rise in corporate insolvencies to around 24,400 cases in Germany in 2025, followed by a further 3 percent increase in 2026.
• Corporate bankruptcies jumped 22 percent in 2024, including 87 large-scale insolvencies that generated a combined turnover of €17.4 billion.
• Sixteen major firms filed for insolvency in the first quarter of 2025, among them three hospitals, three retailers, two automotive suppliers and two chemical companies.
• Analysts attribute the mounting failures to a prolonged economic downturn coupled with escalating US tariff disputes that are straining companies’ finances.
• Credit insurers warn that ongoing large-scale bankruptcies could produce domino effects across critical supply chains.