There were 242 new registrations of private limited companies in January 2017. New registrations increased by 13% over the last 12 months, from February 2016 to January 2017, compared to the prior 12 months. There were 2,698 new registrations during the period, compared with 2,387 in the previous 12 months. The greatest proportional increase in new registrations was in Administrative and support service activities, from 179 to 278 (55%), and from 44 to 68 in Transportation and storage (55%). There was an 11% decrease in new registrations during the period in Manufacturing (from 94 to 84).

There were 70 corporate insolvencies registered in January 2017. Corporate insolvencies increased by 84% over the last 12 months, from February 2016 to January 2017, compared to the prior 12 months. There were 1,037 corporate insolvencies during the period, compared with 564 in the previous 12 months. It should be noted that some of the insolvencies registered over the last 12 month period should under normal circumstances have been registered during the previous 12 month period, but were delayed due to a strike at the end of 2015. The greatest proportional increase in insolvencies during the period was from 34 to 91 in Financial and insurance activities (168%). There was an increase in the number of insolvencies for all major industries during the period. The smallest increase was in Transportation and storage, where the number went from 16 to 22 (38%).

New registration and insolvencies
  January   February–January  
  2016 2017 % 2015-2016 2016-2017 %
New registration            
Total 210 242 15 2,387 2,698 13
A Agriculture, forestry and fishing 10 2 -80 94 84 -11
C Manufacturing 5 11 120 84 110 31
F Construction 27 40 48 298 359 20
G Wholesale and retail trade; repair of motor vehicles and motorcycles 20 20 0 271 274 1
H Transportation and storage 2 10 400 44 68 55
I Accommodation and food service activities 5 7 40 162 163 1
J Information and communication 15 15 0 171 195 14
K Financial and insurance activities 34 33 -3 352 371 5
L Real estate activities 36 44 22 368 422 15
M Professional, scientific and technical activities 22 22 0 224 235 5
N Administrative and support service activities 19 25 32 179 278 55
Other activities 15 13 -13 140 139 -1
             
Insolvencies            
Total 60 70 17 564 1,037 84
A Agriculture, forestry and fishing 1 2 100 21 30 43
C Manufacturing 3 3 0 33 55 67
F Construction 9 22 144 120 192 60
G Wholesale and retail trade; repair of motor vehicles and motorcycles 14 12 -14 100 201 101
H Transportation and storage 2 2 0 16 22 38
I Accommodation and food service activities 4 5 25 39 60 54
J Information and communication 5 1 -80 30 59 97
K Financial and insurance activities 6 3 -50 34 91 168
L Real estate activities 5 7 40 66 105 59
M Professional, scientific and technical activities 6 3 -50 45 95 111
N Adminstrative and support service activities 3 6 100 29 61 110
Other activities 2 4 100 31 66 113

Statistics:
  New registration
  Insolvencies