Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

New businesses in Spain rises by 0.5 pct in 2015

Source: Xinhua - Wed 10th Feb 2016
New businesses in Spain rises by 0.5 pct in 2015

The number of new businesses in Spain increased 0.5% in 2015 compared to 2014, according to data published Tuesday by Spain's Statistical Office (INE).

A total of 94,594 businesses were created in 2015, with the regions of Madrid and Catalonia registering the largest numbers at 19,964 and 18,883, respectively, the INE reported.

The number of businesses dissolved in 2015 stood at 20,696, marking a 5.4% fall year-on-year. A total of 14,562 companies were dissolved voluntarily, 1,922 via mergers and the rest were dissolved for other reasons.

The number of Spain's new businesses has been increasing for six consecutive years after three years of decline.

Recommended Reading :

* Spanish economy grew 32% in 2015

* Amazon launches Supermarket delivery service in Spain