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Germany company closures hit 20-year high
Germany saw the closure of 187,744 companies last year, the highest level in approximately 20 years, marking a 10% increase compared to 2024. This is the second consecutive rise, following the peak of about 208,000 closures in 2007. All sectors were affected, especially the hospitality industry, where 15,000 companies shut down—an increase of 15%. The healthcare sector also experienced a doubling of closures since 2008, with 11,000 medical clinics closing—an increase of 23%. This is largely attributed to business owners retiring without successors, although around 13% of the closures were due to bankruptcy. Most companies end their operations quietly, often for personal reasons such as retirement. Analysis indicates that the crisis is now impacting all sectors, and current economic challenges are likely to sustain the rising trend of closures in Germany.
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