KSV balance sheet shows
Tyrol: More corporate insolvencies, private individuals remain stable
In the past year, there was a 13% increase in corporate insolvencies compared to the previous year. KSV expects a further noticeable increase in 2025.
According to the Kreditschutzverband (KSV) von 1870, 365 companies went bankrupt in Tyrol this year. This corresponds to an increase of 13 percent compared to the previous year, but is not a particularly high number in a long-term comparison. On a national average, bankruptcies rose by 21.7 percent. The reason for this: higher interest rates on borrowed capital, energy and personnel costs as well as the stuttering economy.
"Further noticeable increase" in 2025
KSV expects a further noticeable increase next year. The liabilities recorded in Tyrolean proceedings rose rapidly in 2024 - mainly due to the bankruptcies of René Benko's Signa Group (photo).
The number of personal insolvencies in Tyrol has been stable for years, with 679 this year. However, KSV expects an increase if the situation on the labor market deteriorates and lending rates remain at the current level.
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