One company created every 34 minutes last November in Andalucia

By Joe Gerrard Monday, 22 January 2018 10:40 0
OPEN FOR BUSINESS: More than 1,300 companies were created in Andalucia last November OPEN FOR BUSINESS: More than 1,300 companies were created in Andalucia last November Flickr

MORE THAN 1,300 new companies were registered in Andalucia in November last year, according to government figures.

Capital for the companies was more than €65 million. One company was created every 34 minutes.

The Statistics on Commercial Companies in Andalucia were prepared by the region’s statistics institute, a branch of the Ministry of Economy and Knowledge.

More than 99 per cent of new companies created were limited companies. Malaga was the province where most of the new companies were created, with around 35 per cent of companies incorporated there.

Sevilla came second and saw nearly 23 per cent of the total number of companies created in Andalucia established there.

Around 44 per cent of the new companies created were trade and repair firms working for other companies.

More than 24 per cent of the new companies’ founding members were women. Their presence was greatest in the business services sector.

Comments (0)

There are no comments posted here yet

Leave your comments

Posting comment as a guest. Sign up or login to your account.
0 Characters
Attachments (0 / 3)
Share Your Location

Poll of the Week

Do you agree with the Balearics’ decision to ban tourists from travelling to the islands in diesel or petrol cars?

New online edition graphic

Latest Tweets

From IFTTT
Coach carrying around 50 passengers overturns in Spain - one seriously injured https://t.co/TELy9Is5lZ… https://t.co/EYHkLHgR0c
From IFTTT
BREAKING: Police declare ‘major incident’ in Leicester after 'blast' https://t.co/oC5E9gTcSu #EuropeanNews… https://t.co/O36zQIJF3l
From IFTTT
Thief steals four sex toys worth €40,000 from shop in Spain https://t.co/pM9tKBpBcD #EuropeanNews #EuroWeekly https://t.co/qWzZJ2qKo7
Follow Euro Weekly News on Twitter

Post Gallery

Petition to reverse ban on darts walk-on girls reaches almost 40,000 signatures

Spaniards outraged with The Times following ‘How To Be Spanish’ article

New pet protection laws in Spain after ‘years of waiting’

Expat's ‘heart-breaking’ death leaves dog rescue centre in Spain in crisis

MAGALUF BOOZE BAN: Mayor calls for limited alcohol in all-inclusive hotels

WATCH: Scaffolding ripped off building as storms hit Gibraltar and Spain

Spain's Costa Blanca is tops for UK airport's passengers

Three dead and one seriously injured in four-car  AP-7 crash

‘Kamikaze’ driver who caused fatal car crash in Mallorca was four times over the limit