“Wave of bankruptcies”? Significantly more companies had to file for bankruptcy. Since June 2023, the Federal Statistical Office has consistently observed double-digit growth rates compared to the previous year.
Experts expect a further increase in 2024. However, they are not observing a “wave of bankruptments”. The number of bankruptancies in 2023 is now official: 17,814 companies filed for bankruptcy last year. That is 22.1 percent more than in 2022. The prospects for 2024 are also not good.