The number of bankruptcies remains constant

After the last count of the Statec Statistics Office, 301 companies were declared insolvent in the first three months of 2025. The companies could no longer pay their bills and were bankrupt. The future of the employees is uncertain. The situation was similar last year. In the first three months of 2024 there were 300 companies, « the bankruptcies have remained stable, » writes the institute. But there is also good news: According to the first estimates, the number of insolvency -related layoffs has decreased by 27 percent compared to the previous year.

The construction industry was most affected by the economic loss. The situation has also relaxed here. The number of bankruptcies in the construction industry has decreased compared to the previous year. In 2024, 65 companies could not pay their bills, in 2025 it was 15 less. The insolvent companies also had to dismiss less employees. This number has almost halved.

Construction and trade are most affected

The number of bankruptcies also decreased in retail, but at 21 percent less strong. In the construction industry, the number of bankruptcies has increased by almost a third – even if the first estimates assume a decline in job losses. In the first three months, fewer chefs, service staff and other employees of Horesca lost their job than was the case in 2024.

When an insolvent company sells all assets to pay its debts, one speaks of liquidation. Once this has been completed, the company has stopped existing. Here Statec writes that the number of liquidations rose by 55 percent in the first three months of 2025 – and gives the reason for this: Last year, this number was at a historical low and has now reached the usual level again. Liquidated companies are primarily holding companies and investment funds, says Statec and points out that the published figures are only temporary.