Business insolvencies down 4.3% in August 2017

By   /  November 14, 2017  /  Comments Off on Business insolvencies down 4.3% in August 2017

    Print       Email

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

Headline: 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,contact form
Press release in other language
to the top

    Print       Email

You might also like...

Warum die Wirtschaft Werte braucht – Lektionen aus der Bankenbranche

Read More →