Ministry of Justice1,181 bankruptcies and 1,016 liquidations reported in 2021

RTL Today
According to the Ministry of Justice, the figures have remained somewhat stable in comparison to 2020.
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Despite this assertion, 2021 presented a mixed bag of results in terms of finance.

Bankruptcies in the hospitality sector fell significantly by a third compared to the previous year. However, in 2021, 2,527 jobs were lost due to bankruptcy, 50% more than in 2020. The sectors affected the most are non-financial services, construction and commerce.

In 2021, 1,016 liquidations were reported, which is 5% more than in 2020.

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