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German corporate insolvencies hit 13-year high in first half

By Thomson Reuters Sep 11, 2026 | 2:43 AM

BERLIN, Sept 11 (Reuters) – The number of corporate insolvencies in Germany rose to a 13-year high ​in the first half of ‌2026 despite signs of a nascent recovery in Europe’s largest economy, figures from the federal statistics office showed on Friday.

Local ‌courts ​reported 12,812 corporate insolvency ⁠filings from January ⁠to June, an increase of 6.7% year-on-year, with transportation and warehousing the most affected sectors.

• The last ​time a higher figure was recorded for the first half was ⁠in 2013, with 13,253 ⁠cases.

• Local courts estimated ​creditors’ claims arising from the corporate insolvencies ​at around €18.5 billion ($21.5 billion). That is ‌significantly less than the €28.2 billion reported for the same period last year, when more economically significant companies ⁠went insolvent.

• Consumer insolvencies also rose slightly, by 2.4%, for a total of 38,932 ⁠cases.

• ‌Germany’s economy has recently regained ⁠its footing, expanded more ​strongly ‌in the second quarter than ​initially estimated, ⁠while business morale rose to its highest level in a year in August.

($1 = 0.8615 euros)

(Reporting by Rene Wagner, writing by Miranda Murray, editing by ​Thomas Seythal)