Major insolvencies hit record in Germany
The number of large corporate bankruptcies reached a new negative record in 2025. Worldwide, 475 companies with annual revenue of more than €50 million filed for insolvency—according to Allianz Trade’s analysis, this corresponds to an increase of 1% compared with 2024 (469 cases). Statistically, that meant every 18 hours a large company became insolvent. Germany…

