Insolvency in Austria: In 2025, another 7,000 bankruptcies face!

Insolvency in Austria: In 2025, another 7,000 bankruptcies face!

In 2024, Austria experienced an alarming increase in corporate insolvencies: with 6,813 registered bankruptcies, the number rose by impressive 25.7 percent compared to the previous year, when only 5,419 insolvents were recorded. These worrying numbers come from an analysis by the information service provider CRIF. In addition, the experts expect a further increase to over 7,000 bankruptcies for 2025, which also underlines the current economic situation of the companies. Boris Recsey, Managing Director of CRIF Austria, emphasizes the continued challenges: High energy and wage costs as well as geopolitical uncertainties drive the companies into bankruptcy. This confirms the need to recognize risks in good time and to take preventive measures in order to counteract financial instability.

regional differences in bankruptcies

Wien leads the list of affected regions with 2,705 bankruptcies, followed by Lower Austria (1,167) and Styria (750). The insolvency density in Vienna is particularly striking, where 194 bankruptcies for 10,000 companies are no longer available. In comparison, the average is 117 bankruptcies. With regard to the percentage increase, Vienna recorded the strongest increase with 41.9 percent, while Burgenland and Styria were also above average. Industry trade, construction industry and gastronomy, which are confronted with the highest bankruptcy reports, were particularly affected. This scenario shows how important a proactive corporate culture is to secure long -term success, Recsey continues.

An unmistakable indication of the risk of bankruptcy is often a deteriorated payment morality. Companies that are increasingly encountering late payments of their customers are in a vicious circle of falling liquidity and increasing financial difficulties. According to the portal Destatis.de , such payment problems are one of the most common causes for corporate plums. The current developments throw a shadow on the economic strength of many companies in Austria and ask the question of how the situation will develop in 2025.