Analysis and Studies - Studies
CRIF Germany study: insolvency risk increase in gastronomy companies
December 6th 2023
15,069 restaurants, pubs, snack bars and cafés in Germany are at risk of insolvency. In particular, restaurateurs in Berlin are suffering particularly badly - 16.5 % of businesses here are at risk. The situation is more relaxed in Bavaria and Rhineland-Palatinate, where the risk of insolvency is lowest at 10.5 %. CRIF currently expects 1,600 insolvencies in the sector by the end of 2023 - 36.5 % more than in 2022. At the same time, sector improves credit rating since January 2022.
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