January 2018: business insolvencies down 3.4% on January 2017

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

Headline: January 2018: business insolvencies down 3.4% on January 2017

WIESBADEN – In January 2018, German local courts reported 1,608 business insolvencies. According to the Federal Statistical Office (Destatis), that was a decline of 3.4% compared with January 2017.In January 2018, the largest number of business insolvencies was recorded in construction (273 cases). 272 requests for insolvency proceedings were filed by businesses of the wholesale and retail trade sector (including repair of motor vehicles and motorcycles). The number of requests for insolvency proceedings in professional, scientific and technical activities amounted to 186.

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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