Press release No. 339 of 12 September 2018
WIESBADEN – German local courts reported 9,968 business insolvencies in the first six months of 2018. The Federal Statistical Office (Destatis) reports that this was a decline of 2.5% compared with the same period a year earlier.
The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to roughly 13.1 billion euros in the first half of 2018.
Basic data and long time series are available in tables Insolvency proceedings (enterprises) (52411-0004) and Insolvency proceedings (other debtors) (52411-0009) in the GENESIS-Online database.
