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Germany faces record company bankruptcies
Germany recorded the highest number of company bankruptcies in July 2026 in 13 years, with 2,373 cases—an 8% increase compared to the same month last year. This corresponds to a reduction in creditor claims value to approximately €21.9 billion, down from €31.8 billion last year. Data shows that the most affected sectors were transportation and storage companies, followed by the hospitality, restaurant, and hotel industries, then the construction sector. There was a slight decline of 1% in consumer bankruptcies, totaling 7,111 cases. The rise is believed to be due to current economic conditions, with the ongoing effects of the crisis impacting the size of companies facing bankruptcy.
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