Press release No. 393 of 12 October 2018
WIESBADEN – German local courts reported 1,641 business insolvencies in July 2018. The Federal Statistical Office (Destatis) reports that this was a 1.8% increase compared with July 2017.
The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to just under 1.1 billion euros in July 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.
