That means insolvency.

German corporate insolvencies hit 13-year high in first half – The number of corporate insolvencies in Germany rose to a 13-year ​high in the first half of ‌2026 despite signs of a nascent recovery in Europe’s largest economy, figures from the ​federal statistics office showed on Friday.

Local ​courts reported 12,812 corporate insolvency filings from ⁠January to June, an increase of ​6.7% year-on-year, with transportation and warehousing ​the most affected sectors.