Record wave of bankruptcies: Companies from key sectors are also affected by bankruptcies. Number of corporate insolvencies remained at a consistently high level in January.

In December there were 1,078, as the Leibniz Institute for Economic Research Halle (IWH) announced on Thursday. The numbers are expected to continue to rise in the coming months, according to the IWH. These are to be expected primarily in the automotive and chemical industries, as well as the real estate sector.