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Germany, never so few insolvent companies since 1999

In 2016, down 6.2% compared to the previous year

19 January, 19:29
(ANSA) - BERLIN - The insolvency cases in Germany in 2016 marked the lowest record since 1999, with a decrease of 6.2% over the previous year, according to business news agency Buergel in Hamburg. According to data, 21,800 insolvencies were recorded last year; 23,000 in 2015. In 2009, the year of crisis in Germany, they were 33,800. According to forecasts, in 2017 this positive trend will continue, with a further decline of 3.5%.(ANSA).

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