Overview

• Germany recorded 12,009 corporate insolvency applications in the first half of 2025, up 12.2% year over year, with creditor claims of about €28.2 billion and a June tally at a 10‑year high; the DIHK projects more than 22,000 cases for the full year.
• Destatis data show 184,494 insolvency-related job losses in 2024 and 92,202 in the first half of 2025, exceeding 600,000 since January 2021.
• Atradius counted 207 large-company insolvencies in Germany in the first half of 2025, a new high for firms with over €10 million in revenue, with automotive suppliers hit hardest after 18 cases in Q1 and 11 in Q2.
• In Austria, KSV1870 estimates roughly 7,000 company bankruptcies for 2025, led by trade, construction, and accommodation/food services, with about 1,800 firms lacking funds to open proceedings.
• Regional snapshots underline the strain: Tyrol logged 309 corporate insolvencies in the first nine months (up 17%), while Carinthia reported 291 cases and at least €216 million in liabilities.