Increasing Bankruptcy Filings at an Alarming Rate
In the latest economic development, the Statistical Office of North Rhine-Westphalia has released preliminary results for June 2023, shedding light on the current insolvency trends in the region. However, specific data on corporate insolvencies in Rhein-Kreis-Neuss from June 2022 to June 2023 remains unavailable.
The overall picture of insolvencies is influenced by a variety of factors, including economic conditions, regulatory changes, and external factors such as interest rates and global economic shifts. For precise data, consulting local economic reports or financial databases specific to North Rhine-Westphalia is recommended.
When it comes to corporate insolvencies, these statistics are typically reported by local business registries or economic research institutions that track insolvency filings over time. Consumer insolvencies, on the other hand, can be followed through consumer protection agencies or financial counseling services in the region.
In June 2023, the Statistical Office reported an increase in the number of applied consumer insolvency procedures, with 1,579 procedures, marking a 12.9% increase from June 2022 (1,398). The highest number of corporate insolvencies since July 2020 was reported in June 2023, with 428 procedures. This represents a significant increase from the 295 procedures reported in June 2022, a rise of 41.0%.
In addition to these corporate and consumer insolvencies, there were 459 other reported insolvency proceedings involving other debtors in June 2023. The number of employees affected by a corporate insolvency was 2,047, more than three times as high as in the corresponding month of the previous year (669).
It is important to note that the newsletter provided by the city of Neuss does not contain corporate or consumer insolvency statistics. However, subscribing to the newsletter offers access to more details about Neuss, including information on societal developments, culinary arts, art, and culture.
For those interested in staying updated on the insolvency trends in Rhein-Kreis-Neuss and North Rhine-Westphalia, it is advisable to contact local business or financial authorities or consult specific economic reports from the region. The privacy policy of the newsletter service is available for review, and subscribers can expect to receive regular updates on the city of Neuss.
The increase in corporate insolvencies in Rhein-Kreis-Neuss from June 2022 to June 2023, as observed in the Statistical Office's preliminary results, indicates potential challenges in the local industry-finance sector. To gain more precise and specific data, consulting local economic reports or financial databases specific to North Rhine-Westphalia is advised.
