COGNICURRENT

In 2025, Greece experienced an alarming 83.2% increase in business bankruptcies, as reported by the Hellenic Statistical Authority.

A study forecasts that Lithuania's economy will grow significantly faster than the EU's, despite ongoing global uncertainties.

Private credit is facing severe challenges with a series of bankruptcies and the freezing of acquisitions, signaling a potential crisis in the rapidly expanding market valued at $3 trillion.

Annaleena Hakola discusses the challenges facing the furniture industry in the wake of significant bankruptcies, emphasizing the need for innovation and proactive strategies.

The bankruptcy of furniture retailer Asko leaves approximately 15,000 customers without their ordered goods, causing significant concern among consumers.

The French Senate has unanimously passed a proposal to address rising bankruptcy rates by tightening regulations on late payments affecting businesses and public sector buyers.

Subway is experiencing significant challenges, leading to the bankruptcy of several of its locations in Germany.

The Finnish furniture industry is in crisis, with significant layoffs and bankruptcies expected to continue in the coming years due to dwindling demand and rising costs.

Bankruptcies in the EU have surged dramatically while the growth of new businesses remains sluggish, indicating severe pressure on the European economy.

The bankruptcy of 'First Oil Group', a company formerly associated with SIBUR's Jakov Goldovskij, highlights the financial turmoil faced by Russian oil firms following sanctions and falling prices.

In the Czech Republic, the number of bankruptcies increased by nine percent in the past year, totaling 1189 companies.

The growing wave of company bankruptcies in Germany is posing a significant threat to its industrial model, influenced by economic pressures and global trade transformations.

The number of bankruptcies in Finland shows signs of stabilization after years of increase, according to recent statistics.

Finland experienced a steady number of bankruptcies in January, matching figures from 1997, signaling economic distress.

In January 2023, a total of 385 bankruptcies were filed in Finland, marking a slight increase from the previous year.

The latest statistics reveal a rise in bankruptcies among Polish companies, particularly in construction and services sectors, according to the Central Statistical Office.

A Venetian palace, described as 'cursed' due to its history of tragedies and financial failures, is looking for a new owner.

The furniture retail sector in Finland faces significant challenges, with half of the 200 retailers operating at a loss, suggesting a wave of bankruptcies is imminent after companies like Sotka and Asko.

A recent analysis indicates that small and medium-sized businesses in Germany are facing increasing pressure leading to closures, bankruptcies, and relocations, with a distinct regional shift in these challenges.

The downfall of Ladislav Kulka's small Bardejov empire began with the relocation of key businesses to Bratislava, leading to a series of bankruptcies, including JJ Logistic and Bardejov Dairy.

Despite seeing tens of thousands of jobs lost, the German retail sector is currently facing a paradox with over 100,000 job vacancies to fill, as explained by the retail association.

In 2025, Czech courts declared 15,445 personal bankruptcies, marking a 12% increase from the previous year and the highest number since 2021, according to an analysis by CRIF – Czech Credit Bureau.

Driving schools are concerned about a decline in new student enrollments following Federal Minister Patrick Schnieder's announcement to reduce driver's license costs.

The number of bankruptcies in Germany is at a record high, prompting the Chamber of Commerce and Industry to call for urgent government action to address the situation exacerbated by high energy prices.

In 2025, courts opened 5,549 bankruptcy and restructuring proceedings, marking the highest level in years according to analysis by the Central Economic Information Center.

The Trnava-based company Toma Trading, previously without significant financial issues, is facing bankruptcy as the gap widens between the number of bankruptcies and new investments in Slovakia.

In December, corporate bankruptcies surged significantly compared to the previous year, reaching the highest level in 20 years according to economists.

The article discusses the anticipated store closures of major retailers like Primark and River Island in January 2026, following a significant number of retailer bankruptcies last year.

Americans are increasingly moving away from pizza as a dinner choice due to rising prices, delivery app competition, health trends, and bankruptcies among popular pizza chains.

The number of corporate bankruptcies has reached its highest level in 20 years, with 17,600 insolvencies attributed to several years of stagnation, according to economist Carsten Brzeski.

The number of large corporate bankruptcies in Germany has increased by about 25% last year, primarily due to geopolitical uncertainty and ongoing consumer reticence, according to experts.

In France, business bankruptcies surged to a historic high of 68,500 in 2025, particularly affecting the transport and warehousing sectors.

The German economy continues to slow down in 2025, grappling with the repercussions of the Russia-Ukraine war, corporate bankruptcies, and decreased competitiveness in the industrial and export sectors.