22 Hrs
Source:
وكالة الأنباء القطرية
Germany sees 10% rise in big company bankruptcies
The number of major German companies declaring bankruptcy increased by 10 percent in the first half of 2024 compared to the same period last year, with 33 companies going bankrupt. Bankruptcy cases in 2025 are the highest since evaluations began in 2015, with a total of 94 cases, compared to 87 in 2024 and 64 in 2023. The automotive industry was the most affected, with 7 bankruptcies, followed by the retail sector with 5, and both the machinery manufacturing and services sectors with 4 each. The report indicates a continued negative trend, with no improvement expected in 2026.
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