Spain’s largest companies are facing their most difficult financial period in a decade. Although insolvency proceedings eased between July and September compared with the … record high reached in the spring, with 20 cases involving companies earning more than 15 million euros, against 34 in the second quarter, the year-to-date figures still point to an unprecedented deterioration.
So far this year, 78 large companies have had to file for insolvency proceedings, 28% more than during the same period in 2025, according to Solunion’s third-quarter report. The trend puts the rolling annual figure at 102 major corporate insolvencies, an unprecedented level in the historical series and almost double the usual range of 50 to 60 cases a…