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Company bankruptcies in Austria rise by 62 percent in the first half of 2022

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Vienna (OTS) – In the first half of 2022, bankruptcies of registered companies in Austria increased by 62 percent. A total of 1,107 companies went into bankruptcy proceedings. Dun & Bradstreet’s analysis shows that the probability of bankruptcy depends very much on the industry. The risk is particularly high in the transportation and travel industries. Here, the risk of bankruptcy is increased by a factor of 2.6. In the construction industry, the risk is 2.5 times higher, and in repair services, there are 1.8 times as many bankruptcies as the Austrian average. Start-ups also show that there is a lot of uncertainty in the market at the moment. With a total of 11,994 start-ups, these decreased by five percent. “Due to the current supply bottlenecks, the increased costs for energy and for raw materials, as well as with the uncertainty about the development in Ukraine, entrepreneurs are currently reluctant when it comes to founding new companies,” said Macario Juan, Managing Director of Dun & Bradstreet Austria.

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The full study is available at the following link:
https://www.dnb.com/de-at/ueber-uns/news/konkurse-2022-q2/

Dun & Bradstreet Austria GmbH
Christian Wanner
Media Spokesperson
c/o Dun & Bradstreet Schweiz AG
Grossmattstrasse 9
CH – 8902 Urdorf

Mobile: +41 79 428 59 36
E-mail: [email protected]
Internet: www.dnb.com/at

Kerl & Cie Gesellschaft für Kommunikationsberatung GmbH
Samir Djikic
Director

Phone: +49 (0)69 870 021 516
E-mail: [email protected]
Internet: www.kerlundcie.de

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The post Company bankruptcies in Austria rise 62 percent in first half of 2022 appeared first on TOP News Austria – News from Austria and around the world.

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