The number of active businesses edged down from 499,804 in 2018 to 491,687 in 2019.
The willingness to launch a new business increased by 8%, lifting the number of newly formed companies to 14,935, some 1,129 more than in 2018. However, Bisnode registered 14 bankruptcies, and 19,534 terminations, some 4% more compared to the previous year.
In terms of industry share, the greatest number of newly formed companies was registered in the construction business, while non-metallic mineral production is also popular, mfor.hu noted.
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