featured-image

According to Jornal Económico , between the beginning of the year and the end of May, 690 fewer companies were created and the annual decline occurred mainly in the first quarter. From a geographical point of view, the Lisbon Metropolitan Area leads the declines in this indicator with a drop of 967 company formations (-10%), followed by Alentejo and Algarve. The North region leads the rise with another 191 new companies (+2.

7%) and the Center region and the Autonomous Regions also register an increase in the creation of companies until May 31st. The decline in company creation occurs in most sectors, particularly in Transport (-24% or -713 company formations), a trend that has been observed since December last year, especially in the occasional transport of passengers in light vehicles. Also, the sectors of real estate activities (-7.



0% or -159 company incorporations), wholesalers (-11% or -114 company incorporations) and accommodation and catering (-4.2% or -101 company incorporations ) recorded significant declines in business creation during this period. Among the four sectors in which the number of company formations increased, construction stands out, with 225 more new companies than in the same period last year (+8.

4%), reveals the barometer. Informa D&B also provides data on insolvency processes and that of the textile and fashion industry appears at the top of the list. By the end of May, 914 companies had initiated insolvency proceedings, 12% more (+101 insolvency .

Back to Fashion Page