NEWS RELEASE ENTERPRISES 25 JUNE 2015

New registrations of private limited companies increased by 12% over the last 12 months, from June 2014 to May 2015, compared to the prior 12 months. There were 2,165 new registrations in that period. The highest increase of new registrations was in Construction, 47% increase over a 12 months period.

Corporate insolvencies decreased by 9% over the last 12 months, from June 2014 to May 2015, compared to the prior 12 months. There were 766 corporate insolvencies in that period. The greatest decrease of insolvencies was in Transportation and storage, 18% over a 12 months period.

New registration and insolvencies
  May   June-May  
  2015 2014 % 2014-2015 2013-2014 %
New registration            
Total 218 160 36 2,165 1,929 12
A Agriculture, forestry and fishing 11 10 10 99 81 22
C Manufacturing 7 12 -42 81 84 -4
F Construction 28 11 155 265 180 47
G Wholesale and retail trade; repair of motor vehicles and motorcycles 22 31 -29 270 285 -5
H Transportation and storage 6 3 100 47 44 7
I Accommodation and food service activities 13 14 -7 139 113 23
J Information and communication 12 8 50 178 162 10
K Financial and insurance activities 26 19 37 319 306 4
L Real estate activities 30 17 76 261 238 10
M Professional, scientific and technical activities 19 11 73 220 151 46
N Administrative and support service activities 35 16 119 159 158 1
             
Insolvencies            
Total 62 67 -7 766 841 -9
A Agriculture, forestry and fishing 2 1 100 24 28 -14
C Manufacturing 5 7 -29 51 61 -16
F Construction 16 15 7 146 154 -5
G Wholesale and retail trade; repair of motor vehicles and motorcycles 4 8 -50 137 158 -13
H Transportation and storage 2 1 100 23 28 -18
I Accommodation and food service activities 1 4 -75 62 58 7
J Information and communication 8 5 60 38 39 -3
K Financial and insurance activities 3 2 50 52 60 -13
L Real estate activities 7 9 -22 94 108 -13
M Professional, scientific and technical activities 7 3 133 72 57 26
N Adminstrative and support service activities 1 4 -75 30 34 -12

Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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