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Business creation fell by 7.3% in April as compared to last year

Incorporation of companies in Spain registered a decline of 7.3% in the month of April with a total of 8,615…

By admin , in news , at May 10, 2022

Incorporation of companies in Spain registered a decline of 7.3% in the month of April with a total of 8,615 companies, compared to 9,290 in the previous year, while bankruptcy proceedings declined by 16.8% to 391.

The growth of constitutions during the month of April decreases after five consecutive months of growth, according to Registrar College of Business Statistics Published this Tuesday.

Thus, with this reduction in formation in the month of April, the positive path seen since February 2021 has been interrupted except for a marginal decrease of 0.4% in the month of October.

according to the report, Large amount of companies created matches with madridWith 1,984 companies, Catalonia (1,704) and Andalusia (1,515), which together constitute six out of every ten companies created.

in april Business creation decreased in thirteen statesAsturias (-25.2%), Cantabria (-25%), Castilla y León (-23.7%) and Murcia (25%), with a reduction of more than 20% in the autonomous cities of Ceuta and Melilla, which recorded a decline of 50%. -21.7) %).

On the positive side, those five communities increased, highlighting the increase in incorporation of companies in the Balearic Islands and the Canary Islands, up 23.4% and 20.4%, respectively.

Creditors’ competitions fall

For its part, the report shows that bankruptcy proceedings, in this preview for the month of April, were 391, and compared to the same month of the previous year, they show a decrease of 16.8%, with a strong impact. madrid (95), Catalonia (88) and the Valencian Community (65), which constitute six of the ten competitions presented at the national level.

from the third quarter of 2021escalation of bankruptcy proceedings he has moderated In a slowly growing environment, such as the one shown in the first quarter. still, There was a significant drop in AprilHowever, the registrar has warned that it will be necessary to wait for the next few months to confirm whether this is a change in trend or not. “Until the end of the insolvency moratorium implemented in June, competitions will not be able to accurately reflect the true trend,” the report said.

Regarding its gap between voluntary and required competitions, the former added 299 registrations in April, a decrease of 17.9% compared to the previous month, while essential competitions decreased by 31.9%, compared to 135 in the previous April. 92 was recorded. month.

fall in capital

For operating registered capital growth in commercial registers, which show positive data from November to February, the report shows they decreased by 0.6% in April and declined for three consecutive months.

By communities, there is more activity in Madrid, with 623 extensions (1.6% compared to 2021) and Catalonia, with 508, with 12.9% more. For their part, they decreased more in Ceuta and Melilla (-75%), Castilla-La Mancha (-23.2%), Cantabria (-22.7%), Asturias (-22.2%) and Valencian Community (-18.1%) Huh. ,