Press release No. 397 of 10 October 2019
WIESBADEN – German local courts reported 1,644 business insolvencies in July 2019. The Federal Statistical Office (Destatis) reports that this was an increase of 0.2% compared with July 2018.
The largest number of business insolvencies in July 2019 was recorded in construction, which accounted for 295 cases (July 2018: 266). Enterprises in wholesale and retail trade (including repair of motor vehicles and motorcycles) filed 253 requests for insolvency proceedings (July 2018: 275). 185 requests for insolvency proceedings were recorded in accommodation and food services (July 2018: 204) and 184 requests came from the sector of professional, scientific and technical services (July 2018: 166).
Basic data and long time series are available in tables Insolvencies (52411) in the GENESIS-Online database.
