Date Title
During 2011, 30,294 companies became insolvent in Germany – a drop by 1,986 companies, i.e. 6.2 per cent, as compared to the previous year.
In the period January to September 2011 the number of private insolvencies in Germany has dropped by 1.5 per cent to 103,118 cases in comparison with the same period of the previous year.
In the first half year 2011 the number of private insolvencies in Germany minimally dropped by 0.9 per cent to 68,818 cases.
In Germany the number of corporate insolvencies continued to decline in the first half-year of 2011.
The number of private insolvencies in Germany fell slightly during the first quarter 2011 by 2 percent.
During the first quarter of 2011 the German economy has again recorded falling figures in corporate insolvencies with 7,424 cases in all.
In 2010 the number of private insolvencies reached a new climax. With 138,110 cases in Germany the bankruptcy statistics even exceeded the previous record year 2007.
In 2010 32,280 companies in Germany announced their insolvency. This means 4.4 percent corporate insolvencies less than during the previous year.
Private insolvencies on the increase throughout the whole of the Federal Republic – Bürgel reckons with 140,000 cases during the current year.
Number of corporate bankruptcies rises by 4.5 percent – forecast for the whole year tends to be quite moderate.
Rising consumer insolvency figures in 15 of the 16 federal states: with 34,710 cases, private bankruptcies are on the increase during the first quarter 2010.
In 2009 130,698 German citizens filed for private bankruptcy. This corresponds to a rise by 8.65 percent in comparison with the previous year.
During 2009 33,762 companies filed for bankruptcy in Germany. That means 11.08 percent more than during the previous year (30,394).
From January to July 2009 a total of 15, 891 companies filed for bankruptcy in Germany – a clear 30.93 percent more than during the same period of the previous year.
During 1st half-year of 2009 a total of 61,517 German citizens filed for private insolvency – during the 2nd quarter alone there were 31,026 cases – meaning an increase by 1.75 percent in comparison with the previous quarter.
The current study Corporate Insolvencies carried out by the financial information agency BÜRGEL, that analyses the insolvency development of companies during the 1st quarter 2009 shows the significant differences between the federal states.
Trotz des zeitweisen Rückgangs der Überschuldung von Verbrauchern erwartet Bürgel für 2009 eine deutliche Zunahme privater Pleiten.
Bürgel press- and public relations
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