Increase in Corporate Bankruptcies in Austria

Preliminary data from Statistics Austria show that 1,727 companies filed for insolvency, which represents an increase of 9.3 percent compared to the same period last year. However, compared to the first quarter of 2025, the number of corporate bankruptcies decreased by 3.8 percent. A total of 3,522 insolvencies were registered in the first half of 2025, which corresponds to an increase of about 7 percent year-on-year.

Corporate Bankruptcies in Austria: Service Sector Particularly Affected

"The insolvency figures remain at a high level," said Thomas Burg, Director General of Statistics Austria. The service sector (524 cases), trade (274), and the construction industry (265) were particularly affected once again. The number of company registrations decreased by 2 percent to 15,334 in the second quarter. The financial services/other services sector led with 4,831 new entries, followed by personal services (3,084) and trade (2,862).

(APA/Red)

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