November 2017: 5.6% more business insolvencies than in November 2016

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

Headline: November 2017: 5.6% more business insolvencies than in November 2016

WIESBADEN – In November 2017, German local courts reported 1,771 business insolvencies. According to the Federal Statistical Office (Destatis), this was a 5.6% increase compared with November 2016.The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to just under 9.0 billion euros in November 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
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