The number of regular insolvencies filed in Germany rose by 26.2 percent in January compared to the same month last year. In February there were 18.1 percent more bankruptcies filed than in February 2023.
Despite the current increase in corporate bankruptcies, the number is only at the pre-pandemic level and is still far away from the peaks of the 2008 financial crisis. Several traditional brands: Numerous bankruptcies in a very short space of time - several companies affected. The coffee and tea manufacturers The Arko, Hussel and Eilles, filed for bankruptcy at the end of February.