Insolvency wave in MV: Gastronomy against existential crisis!

Insolvency wave in MV: Gastronomy against existential crisis!

Mecklenburg-Vorpommern, Deutschland - The situation in the Mecklenburg-Western Pomerania hospitality industry is dark. Hogapage reports from an alarm ring in 2024. With 32 procedures in the hospitality, the affected companies have to be an exciting increase from Accept 52 % compared to 2023 when there were only 21 bankruptcies. This development is particularly worrying, since the numbers were significantly lower in previous years - in 2022 only 11 bankruptcies were recorded in this industry.

The economic framework is challenging. The doldrums of the economy meet the companies hard in Mecklenburg-Western Pomerania. The number of overall registered corporate bankruptcies rose to 273, which corresponds to an increase of 7.5 % compared to the previous year. The expected creditor claims climb to around 226 million euros, an increase of 10.7 % compared to 2023. According to Laiv mv Area of accommodation - the highest value in years. Before 2024, the number was 3 to 5 bankruptcies per year.

The causes in detail

Why does it look so bad? Many accommodation companies have plunged the late consequences of Corona pandemic into an existential emergency. The President of the Hotel and Restaurant Association (DEHOGA) in MV, Lars Schwarz, declares the situation to be alarming. Many companies fight with severely increased costs for energy, food and personnel. In addition, sales in the restaurants increase by 18 % compared to the pre-corona level in the first quarter of 2025.

Another point that tightens the situation are reclaims of state aids that additionally burden many restaurants. However, the hope of reducing VAT for dishes in gastronomy from 19 % to 7 % gives a ray of hope, as it could improve the margins of the operators.

The Germany -wide perspective

In the Germany -wide context, a similar picture is shown. ifm bonn reports of 21,812 corporate insolvencies in 2024-an increase of 22.4 % compared to 2023. This growth is attributed over the years. Applications for companies that have been on the market for a long time are increasing, which reinforces uncertainty.

The problem not only affects the hospitality, but also runs through various industries. In the construction industry, for example, 53 bankruptcies were registered and there are also significant increases in other areas such as communication and freelance services. These developments provide the reason for the stability of the German economy as a whole.