In the first half of 2020, the number of corporate insolvencies fell by 19 percent compared with the same period of the previous year. A total of 1,940 bankruptcy proceedings were opened. In June the number of bankruptcies rose by 16 percent compared with the previous month of May. There was a slight decline in the number of new registrations. A total of 21,949 companies were newly entered in the commercial register, a decrease of three percent. June was, however, a very strong month for start-ups, with new registrations rising by a full 24 percent to 4,486 new companies.
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Bankruptcies & formations as of June 2020 (in German)