Insolvencies and Out-of-Court Restructuring Procedures in Italy - 2026 report

In recent years, the number of corporate insolvencies worldwide has increased significantly, marking a phase of normalization following the extraordinary support measures introduced during the pandemic. According to the Allianz Trade Global Insolvency Report, global insolvencies rose by 6% in 2025, with a further increase expected in 2026.

Within the European context, Italy stands out as one of the countries where the rise appears more pronounced. The return to pre-pandemic insolvency levels reflects the structural challenges affecting part of the national production system, which is largely composed of small and medium-sized companies.

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Insolvencies and Out-of-Court Restructuring Procedures in Italy - 2026