Insolvency shock for Berlin: Record number of companies bankrupt!

Insolvency shock for Berlin: Record number of companies bankrupt!

Berlin is shocked in the lightthlight of the economy. The city has set a sad record this year with 2150 corporate insolvencies and thus leads the list of insolvency in Germany. According to the figures from the Creditreform, this corresponds to an alarming increase of 28.7 percent compared to the previous year. This means that there are 123 bankruptcies on 10,000 companies in Berlin, a value that is well above the nationwide average of around 70, as Tagesspiegel . Although the Berlin economy has grown by a total of 1.3 percent, it fights with homemade problems such as excessive bureaucracy and high energy costs.

a dark forecast for 2025

The situation could continue to worsen in 2025, since the bankruptcies that are the result of the crises of recent years are only now in full strength. An essential factor for this high number is the bankruptcy of the Signa Group, whose subsidiaries have affected numerous branches in the capital. In the first half of the year, more than 1,000 corporate bankruptcies have already been registered, which corresponds to an increase of around 28 percent compared to the previous year, so BZ Berlin . to overcome bankruptcy. Sirplus was only able to hold three out of 30 employees, but has already won 5,000 new customers after the bankruptcy and is now planning a slow restart.

The founder of the Modelabel UVR Berlin chooses a creative approach by collecting donations for her sustainable concept via the Gofundme platform. The goal: 150,000 euros to continue the company. However, these stories of perseverance are strongly contrasted with the overwhelming challenges that many Berlin companies face.