Company bankruptcies on the rise in Saxony

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.

Copyright 2025, dpa (www.dpa.de). All rights reserved