Danger of insolvency in Saxony-Anhalt: medium-sized businesses are fighting for survival!

Danger of insolvency in Saxony-Anhalt: medium-sized businesses are fighting for survival!

In the recent past, the insolvency situation in Germany has attracted more and more attention, particularly among medium-sized companies. This also affects Saxony-Anhalt, where the numbers have been rising continuously since 2021, but remain below the values ​​before the corona pandemic. Loud MDR The latest statistics are worrying. In September 2024, 1,481 companies nationwide filed for bankruptcy, representing a 14 percent increase compared to the previous year and a massive 64 percent increase compared to the averages from 2016 to 2019.

Smaller companies are particularly affected, as in the case of the metal construction company, whose employee Maria Kiernicki is a single mother and relies on part-time work. This is rare in metal construction and Kai Grundel, the managing director of the meat and sausage manufacturer Delikata, sees himself in a similar situation. He says that his industry is suffering from the poor order situation and the consideration of bankruptcy is not out of the question, although Grundel hopes to be able to stabilize itself with a restructuring process.

The impact of the corona pandemic

According to Steffen Müller, an expert in insolvencies, the current recession and the aftereffects of the Corona crisis have a clear influence on the increasing numbers. Before the pandemic, government aid measures and the suspension of the obligation to file for bankruptcy led to a decline in bankruptcies in 2020. Of 15,800 procedures, this was a decrease of almost 16 percent compared to 2019, but this is more likely to be seen as a temporary effect. The support from the state helped many companies to secure their liquidity before reality struck again and they were confronted with the consequences of the crisis Bundesbank determines.

In Saxony-Anhalt, insolvencies have increased less dramatically than the national average. Nevertheless, it has to be said that the start-up scene in the region has shrunk significantly. This is a warning sign for economic stability in the region. An example of this is A2B Piping Solutions GmbH, which filed for bankruptcy in early 2025, followed by numerous other companies that took the same step.

More bankruptcies

The list of insolvent companies extends through Magdeburg and the surrounding area. In addition to A2B Piping Solutions GmbH, Stock Dach GmbH and HOME ENERGY MAGDEBURG GmbH & Co. KG, among others, also filed for bankruptcy. These trend-positive reports reflect the tense mood in medium-sized businesses, where on the one hand some companies are defying the trend through restructuring measures, but on the other hand lost orders are also a major problem for countless companies. The catering sector is also particularly affected, as is the case with SCHACHT und ROSEN Gastronomie GmbH in Halle (Saale), which also filed for insolvency in January 2025.

For many employees, including the five Delikata employees who lost their jobs during the restructuring, these developments are often associated with existential concerns. The uncertainty as to whether one's own job is secure puts a strain on people in Saxony-Anhalt and far beyond. If the economic situation does not become more stable, we could expect even more negative developments in the corporate landscape.

In summary, it can be said that insolvencies among medium-sized businesses are a growing problem, both in Saxony-Anhalt and nationwide. It remains to be hoped that companies and employees will find support during this challenging time and that effective strategies will be developed to drive economic recovery.