Company bankruptcies on the rise in Saxony

The number of company insolvencies in Saxony is set to rise again this year, according to an estimate by business information service Creditreform. In 2025, there will probably be 72 insolvencies per 10,000 companies - after 66 in the previous year, as a state overview shows. Saxony is therefore below the national average. Nationwide, Creditreform is forecasting an insolvency rate of 76 cases per 10,000 companies in 2025 - compared to 71 in the previous year.

Accordingly, the figures are rising in all 16 states. The rate remains particularly high in Berlin (130), while Thuringia is the least affected with 48 cases. The eastern German states have lower rates overall, which Creditreform attributes to the regional industry structure, among other things.

Wave of crisis reaches large parts of the economy

In 2021, the nationwide insolvency rate was still at 47, according to Creditreform. "The continuing rise clearly shows that the crisis has now reached the entire breadth of the German economy and is putting more and more companies under pressure," write the experts at the business information service.

In Saxony, too, there were several major insolvencies in 2025. One of the most significant was the Erzgebirgsklinikum gGmbH in Annaberg-Buchholz with around 2,500 employees, which had to undergo insolvency proceedings; an insolvency plan has now secured the restructuring and continued existence of the clinics. The insolvency of solar module manufacturer Meyer Burger also affects sites in Bavaria, where some of the 600 employees affected work.