Press release No. 011 of 11 January 2019
WIESBADEN – In October 2018, German local courts reported 1,694 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a 3.5% increase compared with October 2017.
The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to approximately 1.1 billion euros in October 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.
