The number of company bankruptcies in Bavaria is increasing significantly – Bavaria

The number of company bankruptcies in Bavaria has risen sharply since the beginning of the year. In the first quarter, 577 companies filed for bankruptcy, up 16.3 percent year-on-year. This was reported by the State Office for Statistics in Fürth on Thursday.

What was particularly noticeable was an increase in trade with an increase of more than a third (plus 36.5 percent) to 101 insolvencies. In the previous three years of the corona pandemic, the originally feared wave of bankruptcies did not materialize thanks to state aid, and insolvency experts expect higher numbers again this year. In a long-term comparison, according to the state office, the insolvency figures are still low.

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