Overview
- Preliminary Destatis data show requested regular insolvency proceedings increased 6.5% year over year in October, with cases counted after the first court decision and typically reflecting applications filed about three months earlier.
- Final August figures record 1,979 corporate insolvency filings, a 12.2% rise from a year earlier.
- Creditor claims tied to August corporate insolvencies surged to roughly €5.4 billion, more than double August 2024’s about €2.3 billion.
- Insolvency incidence was highest in transport and storage, followed by construction and hospitality, while consumer insolvencies in August rose 8.1% to 6,132 cases.
- DIHK describes the outlook as sobering, notes 27% of firms expect worse business with small firms especially pessimistic, and projects well over 22,000 corporate insolvencies for 2025 while urging measures such as broader energy tax relief and less bureaucracy.