New business is booming on the islands

0
Shutterstock

BUSINESS entrepreneurship is booming in the Baleares. Between January and September this year, the rate of business creation has grown 7 per cent, compared to the same period last year, with 2,286 new companies in the Islands being registered during the first nine months of 2014.

According to a study on business report, September data saw a growth of 54 per cent with 186 new businesses. Construction and trade saw the largest growth within industry.

-- Advertisement --

The capital investment to create these companies in Baleares so far this year is €98 million, 36 per cent more than the previous year. 

Madrid was the autonomous community in Spain which saw the most new businesses created, with 15,269 from January to September.





LEAVE A COMMENT

Please enter your comment!
Please enter your name here