Press release No. 133 of 14 April 2016
WIESBADEN – German local courts reported 1,692 business insolvencies in January 2016, which was a decrease of 2.7% compared with January 2015. The Federal Statistical Office (Destatis) reports this on the basis of provisional results.
The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to approximately 1.1 billion euros in January 2016. In January 2015, they totalled roughly 1.2 billion euros.
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.