US EditionBankruptcies stabilise, fewer jobs lost compared to last year
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Bankruptcies stabilise, fewer jobs lost compared to last year
Corporate liquidations soared by 55% in the first quarter of 2025, while the number of company bankruptcies in Luxembourg remained unchanged, according to data released on Wednesday by the Ministry of Justice and Statec. A total of 301 businesses were declared bankrupt between January and March, compared to 300 during the same period in 2024. In contrast, 51 companies were liquidated in the first quarter of 2025, a 55% increase from the year bef…
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