Looking back, there were 6,550 corporate insolvencies in Austria last year, an increase of 22 percent compared to 2023. For this year, Acredia expects a further increase of 2 percent to around 6,700 bankruptcies. "If customs and trade conflicts escalate, we would have to raise the insolvency forecast by one percentage point," warns Meierschitz. "A slight decline to around 6,500 cases could only occur in 2026." The construction industry, trade, and services remain particularly at risk of insolvency.

Company Insolvencies: Gloomy Global Outlook

The picture that the credit insurer paints for Austria's neighboring countries is even gloomier: An increase in company bankruptcies of 17 percent is forecast for Italy, 10 percent for Germany, followed by the Czech Republic with an increase of 5 percent.

Worldwide, Acredia's experts, in their forecast created together with Allianz Trade, expect 6 percent more corporate insolvencies for 2025 and an increase of 3 percent for 2026. Particularly affected are Russia (+24 percent), Turkey (+20 percent), Brazil (+13 percent), and the USA (+11 percent). According to the forecast, insolvencies are expected to decline significantly in Hungary (-23 percent).

(APA/Red.)

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