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Press release 405 / 2017-11-14: Business insolvencies down 4.3% in August 2017

WIESBADEN – In August 2017, German local courts reported 1,712 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a decline of 4.3% compared with August 2016. 

The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to approximately 4.5 billion euros in August 2017.

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.

For further information:
Michael Ziebach,
tel: 49 (0) 611 / 75 28 11,
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