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Regional economic figures

4th quarter 2016: 93 new companies

During the 4th quarter of 2016, 93 new companies were entered in the commercial register. 40% of these companies are individually owned firms, and 51% are limited liability companies (SàRL) or public limited companies (SA). This figure represents a small decline when compared with the previous quarters. Over the year, the data remains favorable since the positive tendency observed in the first semester is confirmed at the end of the year.

When taking into account all business activities (new registrations / arrivals vs departures / bankruptcies / companies that cease trading /dissolutions) since January, the balance is positive (+12), whereas 2015 ended on a negative result, with about ten fewer companies “lost” to the region.
These indicators show an appealing entrepreneurial dynamism in the region for the year 2016, though it is mainly concentrated on the first semester. Since the second half of the year has been less favorable, the evolution of the indicators in the first semester of 2017 will be significant in showing whether the positive results were due to seasonal variations or if they are the result of an actual trend reversal.

Promove looks forward to sharing a new situation review in early April 2017.

Sources: Data based on the daily announcements at the register of commerce.