MIL OSI – Source: Destatis Statistisches Bundesamt – In English –
Headline: Business insolvencies up 1.6% in May 2017
WIESBADEN – In May 2017, German local courts reported 1,764 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a 1.6% increase compared with May 2016.The largest number of business insolvencies in May 2017 was recorded in wholesale and retail trade, including repair of motor vehicles and motorcycles (296 cases). 290 requests for opening insolvency proceedings were filed by construction firms. The number of requests for insolvency proceedings in professional, scientific and technical activities amounted to 227.
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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