Austria’s Corporate Insolvency Trends: Fewer Bankruptcies but Rising Debt Levels in 2024
Corporate insolvency filings across Austria have shown a complex trend in the first half of 2024, characterized by a slight reduction in the total number of bankruptcies in regions like Salzburg, contrasted against a significant rise in total liabilities. According to data provided by Kreditschutzverband von 1870 (KSV1870), while the frequency of corporate failures has … Read more