Insolvians in Austria: 6,700 bankruptcy 2025 - an economic quake is approaching!
Insolvians in Austria: 6,700 bankruptcy 2025 - an economic quake is approaching!
Wien, Österreich - Austria is facing a dramatic increase in company bankruptcies. The credit insurer Acredia forecasts around 6,700 bankruptcies for 2025, which closes to a decline in economic strength. This represents an increase of 22 percent compared to the previous year when 6,550 companies had to register bankruptcy. Acredia director Gudrun Meierschitz warns: "It is still no relaxation in sight." The uncertain economic situation, reinforced by customs and trade conflicts, could even correct the forecast upwards, should these tensions increase, so oe24.at .
The situation does not only affect Austria. Acredia sees a dark future for neighboring countries such as Italy, where an increase of 17 percent is expected for company insolvencies. With a forecast increase of 10 percent, Germany also faces challenges. But not only the numbers are alarming; As early as the first half of 2024, 3,308 companies registered bankruptcy - an increase of 26 percent compared to the previous year. Up to 6,250 bankruptcies are now to be expected for the entire year, which made it necessary to adapt the initial forecast from +9 to +16 percent, such as reported.
economic uncertainties and setbacks
Acredia's officer Meierschitz emphasizes that the uncertainties in the economy will continue at a global level and that the situation will not improve quickly. Only low growth of +0.7 percent is forecast for the EU, while the global economy could have an increase of 2.8 percent. The situation in the stronger EU countries is particularly worrying, where, given budget deficits, GDP growth must occur in order to ensure financial stability. The trade pressure and uncertainties due to impending elections could further tighten the problems.
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| Ort | Wien, Österreich |
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