Business insolvencies down 16.7% in April 2017

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MIL OSI – Source: Destatis Statistisches Bundesamt – In English –

Headline: Business insolvencies down 16.7% in April 2017

WIESBADEN – In April 2017, German local courts reported 1,573 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a decline of 16.7% compared with April 2016. The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to 1.3 billion euros in April 2017. In April 2016 they totalled 6.4 billion euros.

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,contact form
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