Economy
Sudden increase in the company bankruptcy expected
The number of corporate bankruptcies has been increasing in double digits for months. Experts see no signs of relaxation for 2025. On the contrary.
Experts expect the company’s bankruptcies in Germany to increase again in the current year. The information service provider CRIF expects up to 26,000 corporate insolvencies. In the past year, CRIF had almost 22,000 cases and thus almost a quarter (23.1 percent) more than a year earlier. Official figures from the Federal Statistical Office for the year 2024 are expected in mid -March.
In view of the two-digit growth rates of the past few months, it is increasingly difficult not to speak of an insolvency wave, says CroF-Germany Managing Director Frank Schlein. The list of problems is long: high energy costs, challenges in the supply chains, political uncertainty.
“Domino effects” expected
Because there have been more large insolvencies, “domino effects can also be expected that will lead to the insolvency that will lead to removable companies,” writes CRIF.
According to an earlier assessment by the Creditreform Economic Occupation, the number of company bankruptcies in the current year could even reach the maximum of the crisis year 2009 with more than 32,000 cases.
More bankruptcies in almost all federal states
In 2024, CRIF recorded an increase in company bankruptcies in all federal states with the exception of Bremen. The highest bankruptcy rate was therefore recorded in Berlin, where there were 114 bankruptcies each. According to these calculations, there were also above-average values in Bremen (98 bankruptcies each 10,000 companies), Hamburg (96), North Rhine-Westphalia (91), Schleswig-Holstein and in Saarland (75 each). The lowest quota for Thuringia was calculated with 41 bankruptcies each.
Absolutely speaking, according to CroFrif, North Rhine-Westphalia (5,730), Bavaria (2,992) and Baden-Württemberg (2,476) reported the most company insolvencies.
dpa
Source: Stern
