Corporate insolvencies soar by 39% in February
A total of 375 companies declared insolvency in February, while new business incorporations fell by 26%. The month was marked by storms that hit the central region, particularly the Leiria area. According to Iberinform data, this represents a 39% increase (106 more cases) compared to the same month last year. The cumulative number of insolvency proceedings for January and February rose by 38% (220 more) compared to the same period in 2025, totalling 805 cases. The rise is primarily linked to an 85% growth in insolvency declarations requested by third parties, while self-declared insolvencies by companies grew by 15%. By sector, the largest increases in insolvencies were recorded in Telecommunications (200%), Hospitality and Catering (105%), Construction and Public Works (66%), and Transport (55%), while the manufacturing sector saw a 50% decline. New business incorporations fell by 27% in February, with 3,881 new registrations compared to 5,284 in the same month of 2025. The only sector to see an increase in incorporations was Electricity, Gas, and Water, which grew by 41% year-on-year.
