Number of insolvencies in Germany rises sharply in October

NAMPA / DPA

2024-11-07

Magdeburg, Germany (dpa) - The number of company bankruptcies in Germany has risen sharply in October, the Leibniz Institute for Economic Research Halle (IWH) reported on Thursday. With 1,530 insolvencies, it is the highest figure for an October in 20 years, according to the IWH's regularly published insolvency trend report. Steffen Müller, the head of insolvency research at the IWH, attributes the current high insolvency figures in Germany to......

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