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