New negative record: bankruptcies in Europe reach highest level in years

Even the values from the period of the financial crisis in 2008 and 2009 were thus exceeded.

Germany: growth in the number of corporate and private bankruptcies continues. The crisis continues - Economic Scenarios

According to preliminary data from the German Federal Statistical Office (Destatis ), applications for standard bankruptcy proceedings in Germany increased by 3.3% in April 2025 compared to the same month in the previous year. This increase is in the single digit percentage range, similar to what was observed in March 2025 (+5.7%). This data marks a change compared to the period from July 2024 to January 2025, in which double-digit increases wer…

In the economic stagnation many companies lose their financial power. However, the number of insolvencies does not increase as fast as in recent months.

The Mainz District Court opened the insolvency proceedings on 1 May 2025 at 8:00 a.m. on the assets of Anda Kern Transporte GbR, located in the street Im Pfaffengarten 9, 55283 Nierstein. The company was represented by the two managing directors A. Kern and M. Kern. Dr. Johannes Hancke from the law firm became the insolvency administrator [...] The post Niersteiner Transportunternehmen in Insolvenz erschien zuerst auf BYC-News Online-Zeitung.

The number of insolvencies of partnerships and corporations in Germany rose surprisingly significantly in April. According to the "Insolvency Trend" published Thursday by the Leibniz Institute for Economic Research Halle (IWH), the highest number since July 2005 was reached. However, the number of affected jobs decreased. According to the IWH, the number of insolvencies of partnerships and corporations in Germany in April was 1,626, 11 percent h…