Companies: Allianz forecast: Insolvencies to remain at high level in 2027
More and more companies are becoming cases of restructuring. The credit insurer Allianz Trade expects almost 26,000 cases this year and next year. However, a trend reversal is on the horizon.
Allianz Trade, a credit insurer and subsidiary of Allianz, forecasts that corporate insolvencies in Germany will remain high in the next year, with 25,900 cases expected this year and next. This is comparable to the number of insolvencies seen in 2013 during the European debt crisis. According to Milo Bogaerts, head of Allianz Trade in Germany, industries such as transportation and logistics, construction, hospitality, and automotive and mechanical engineering are particularly affected.
The company expects an 8% increase in insolvencies for this year, following a 6.7% rise in the first half of the year, and predicts a 5% decline to 24,600 cases in 2028.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
