After a 10 % increase last year, an additional rise of 6 % in 2025 AO 3 % is expected in 2026. If the forecasts are confirmed, it would mean five consecutive years with growing insolvency. This stems from the Forecasting of Low Receivables insurance company.
Compared to the global average, the forecasts of the insolvency of companies for Slovakia look more favorable, but businesses should remain cautious. “In the Central and Eastern European region, we were among the exceptions with Bulgaria, where there was a decline in corporate insolvency. The number of insolvent companies in Slovakia in 2024 fell by 7 % to 1,880 cases,” The director of Allianz Trade in Slovakia said Peter Mucina.
Behind the global growth of business insolvency is based on the insurance company Three factors, namely the risk of delayed release of interest rates, persistent uncertainty and poor revival of demand. Relatively high interest rates could burden the highly indebted sectors. At the same time, businesses face specific financing challenges, such as green transformation, competition in artificial intelligence or problems in supplier chainsthe insurance company explained.
An increase in the number of cases of insolvency could also have a significant impact on jobs. According to the Allianz Trade report, it will be this situation in 2025 Directly at risk of 2.3 million jobs around the world.
Western Europe (1.1 million cities) would lead this global ranking, followed by North America (450,000 cities), with a 10-year maximum for both regions. Sectors of construction, retail and services are most at risk.
“Our forecast about business insolvency could worsen if the European economy shows weaker performance or if the conditions in the Apac (Asia-Pacific region) region have worsened and in China. Geopolitics can be an important source of turbulence – conflicts in Russia and Ukraine, tensions in the South China Sea or political uncertainty around Taiwan. A full business war could increase the number of insolvency by another 2.1 % in 2025 Ao 4.8 % in 2026, ” Supposed the chief analyst for research research Maxime Lesmerle.
