More bankruptcies in February

Low number of bankruptcies

The number of corporate bankruptcies (excluding sole proprietorships), adjusted for court session days, fluctuates significantly. Ups and downs alternate in rapid succession. The number of bankruptcies peaked in May 2013 (816); it subsequently declined continuously until August 2017 inclusive and then became fairly stable up until mid-2020. The trend has been downward again since then. In August 2021, the number of bankruptcies (on a monthly basis) reached its lowest level since January 1991. The number of pronounced bankruptcies was also low in the months that followed compared to the period before the outbreak of the coronavirus crisis.

Most bankruptcies recorded in trade

If the number of court session days is not taken into account, 149 businesses and institutions (excluding sole proprietorships) were declared bankrupt in February. With a total of 27, the trade sector suffered most. This is 5 more compared to December.

Trade is a sector with one of the largest numbers of businesses. In February, the number of bankruptcies was relatively highest in the transportation and storage sector.