Insolvency wave continues to roll: 19 bankruptcies in Austria every day!

Insolvency wave continues to roll: 19 bankruptcies in Austria every day!

In the first half of 2025, the number of corporate insolvencies in Austria rose sharply. According to oe24.at had already registered 3,500 companies, which means an increase of over 6 % compared to the previous year. On average, this means 19 bankruptcies per day. Industry trade, construction industry and gastronomy, which together make up almost 45 % of all bankruptcies, are particularly stressed

The current bankruptcy situation is accompanied by a decline in the provisional liabilities, which has dropped by 56.8 % to around 4.8 billion euros. This is primarily due to a decline in large insolvencies with liabilities over 500 million euros. Hercules Holding GmbH with an insolvency volume of 710 million euros is part of the Signa Group in 2025. In real estate and housing, however, companies record the highest liabilities with a total of 1.35 billion euros.

industries in focus

A detailed analysis of the bankruptcies shows that 599 cases were registered in the trading sector, followed by the construction industry with 552 and the catering/accommodation with 422 bankruptcies. reports the press for the overall year with about 6,000 to 7,000 insolvents, similar to the previous year Sees signs of a decline in the high bankruptcy figures. In the first quarter of 2025, 1,741 bankruptcies were counted, which represents an increase of 3.1 % compared to the previous year.

The increase in bankruptcy and housing, which has increased by almost 62 % in the first quarter, is particularly remarkable. While the gastronomy and construction industry are experiencing declines of 11 % and 12 %, the number position remains tense. In the first quarter, 12 large insolvencies of over 10 million euros were registered, which corresponds to six less than in the previous year.

criteria and trends

In a further outlook on the situation, KSV insolvency expert Karl-Heinz Götze notes that companies hardly come to rest in the international omnic crisis. It is pointed out that only 43 % of the companies rate their business as positive. Geopolitical uncertainties, high energy prices and increased personnel costs continue to burden the economic situation. In this context, experts expect slow recovery, while the overall situation remains tense. The number of private competitions in Austria has dropped by 8.7 %, but report Economic Nachrichten of significant declines in various federal states, especially in Styria, especially Carinthia and Upper Austria.