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Latest news about economy in Saxony Dresden Leipzig Chemnitz

News about economy in Saxony. Current news and message of companies in Saxonia, Dresden, Chemnitz and Leipzig.

The number of company bankruptcies in Saxony continues to rise. (Archive image) / Photo: Martin Gerten/dpa

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, ..

Saxony's government retreats for a two-day budget meeting for the 2027/2028 double budget. (Symbolic image) / Photo: Monika Skolimowska/dpa

Saxon government goes on budget retreat

Saxony's Finance Minister Christian Piwarz (CDU) expects negotiations for the 2027/2028 double budget to be "more difficult than ever before". "While the forecast expenditure is galloping away, the expected revenue is far from keeping pace. In this s ..