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Press release 049 / 2019-02-12: Business insolvencies down 13.7% in November 2018 year on year

WIESBADEN – German local courts reported 1,528 business insolvencies in November 2018. Based on provisional figures, the Federal Statistical Office (Destatis) also reports that this was a decrease of 13.7% compared with November 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 November 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.

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