CATALAN ECONOMY

Catalonia creates 18.6% more companies in 2016 and hits the highest figure in 9 years

04.01.2017

  • And while 18.6% more companies have been created than in 2015 (22,256 new companies), the number of companies closing has dropped 9.4% (2,308 companies). 
  • According to the Director General of Industry, Núria Betriu, “this is a sign that the Catalan business community, both entrepreneurial and dynamic, has faith in the Catalan economy and its competitiveness”. 
  • Catalonia heads the creation of companies in the Spanish state, with 21.7% of the total number of new firms.

Barcelona, January 4, 2017.- Catalonia has created, in 2016, 18.6% more companies over the previous year, reaching the figure of 22,256 companies set up, the highest figure in 9 years. Furthermore, according to figures from the Commercial Register published by Idescat (the Catalan Statistical Institute), Catalonia heads the creation of new companies in Spain, with 21.7% of all companies formed. 

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Creation of Trading Companies. Source: Idescat from the Commercial Register


In the words of the Director General for Industry and the CEO of Catalonia Trade & Investment, Núria Betriu, “this is the highest number of companies being created in 9 years: a sign that the Catalan business community, both entrepreneurial and dynamic, has faith in the Catalan economy and in its competitiveness”. She adds, “every year Catalan companies export more and invest more in innovation and R&D, while industrial activity speeds up and more jobs are created at the same time”. The Director General of Industry assures that “the foundations of a solid economic recovery based on added value are being built” which is thanks to a commitment to “industry and the mix of internationalisation and innovation”. Betriu also emphasised that not only have more companies been created but also fewer have been dismantled: precisely 2,308 companies, 9.4% less than 2015.

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Dissolution of Trading Companies. Source: Idescat from the Commercial Register

 

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