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Searched for Company insolvency.
Found 33 results.
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Found 33 results.
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Press Releases // 28.05.2024eroding. - In 2023 alone, around 176,000 companies in Germany were closed. Most of these closures happened quietly, with only 11 per cent resulting from insolvency. This represents a 2.3 per cent increase [...] Empty storefronts and deserted shop premises are increasing – more and more companies are closing and exiting the market. It is not just retailers, consumer-oriented service providers, and restaurants [...] increase in closures compared to 2022, affecting all industries and company sizes.
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Projects // 01.09.2023
to offset declines in sales, as many companies had to curtail or completely shut down their operations during the pandemic. They were aimed at covering the companies' ongoing fixed costs, maintaining their [...] their equity base and avoiding insolvencies in the short term, thus also helping to safeguard jobs. In particular, small and medium-sized enterprises and the self-employed had difficulty maintaining sufficient
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Projects // 01.01.1992
surveys.The MUP contains among other the following information on companies headquartered in Germany including already closed companies: The complete address, number of employed persons, amount of sales [...] date of closure, data of insolvency procedures, shareholder structure and information. Balance sheet information is available for a subset of medium sized corporations and company groups who publish this
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News // 20.01.2023register as insolvent. Why this is necessary becomes apparent when you realise that “behind every insolvent firm there are numerous creditors who have lent money to the firm.” The German insolvency system aims [...] In general, insolvencies occur particularly often in times of crisis. However, this was not the case during the Covid-19 pandemic, where the number of insolvencies actually declined. In contrast, the current [...] current energy crisis is leading to an increasing number of insolvencies. This raises a series of other questions: Which types of companies are affected? What are the causes? How can we create a database
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News // 10.11.2022quota will be set at 70% of consumption in 2021. The relief will be granted on condition that the companies maintain existing sites in Germany and pursue a strategy to permanently move away from fossil fuels [...] a lack of time and presumably a lack of data, which made it “impossible to distinguish between companies that are in danger of going out of business and those that are not.” As far as the lack of accessible [...] to businesses aims to alleviate liquidity problems in order to prevent so-called “inefficient insolvencies”. This applies to businesses that are temporarily facing financial difficulties but whose future
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Press Releases // 19.08.2021Mannheim, almost 165,000 new companies were founded last year. However, the development varied greatly depending on the sector. Regardless of the COVID-19 crisis, the number of companies grew slightly last year [...] more companies were founded than closed. The Mannheim Enterprise Panel (MEP), conducted by ZEW, recorded around 156,000 firm closures, for example due to withdrawal from business or insolvency. - According [...] the extended short-time working scheme and the temporary suspension of the obligation to file for insolvency played a decisive role in ensuring that the number of start-ups did not collapse in 2020,” explains
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Publications // 07.07.2021
COVID-19 placed a special role on fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Germany’s economy benefited from large [...] also examine whether this insolvency gap differs with respect to firm size. Our results show that the COVID-19 policy response in Germany has triggered a backlog of insolvencies that is particularly pronounced [...] firms’ pre-crisis financial standing, we estimate the extent to which the policy response induced an insolvency gap and analyze whether the gap is characterized by firms which were already struggling before
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Publications // 14.05.2021
standard insolvency rules. In fact, these rules could have prevented companies from taking out additional government-backed loans and/or would have made state banks responsible for supporting insolvent companies [...] crisis months, which were able to avoid insolvency proceedings. Given the cessation of the insolvency law amendment, this report aims at tracking the insolvency evolution of German corporations by co [...] to the German Insolvency Law by the Federal Ministry of Justice and Consumer Protection in 2020. This amendment comprises a temporary suspension of the legal obligation to declare insolvency and has been
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Press Releases // 14.05.2021backlog of corporate insolvencies largely affects companies in the service and trade sectors. Since the suspension of the obligation to file for insolvency, slightly rising insolvency figures have been observed [...] stics of insolvent companies and entrepreneurs before and after the COVID-19 crisis in Germany. - At the beginning of May 2021, the temporary suspension of the legal obligation for companies to file for [...] obligation to file for insolvency, the number of bankruptcies has fallen to a record low in 2020, despite poor business prospects. There is now a threat of a renewed rise in insolvencies in the coming months