New business registrations increased by 14.8% in the first quarter of 2021, amounting to 26,441, compared to 23,033 in the first quarter of 2020.
This emerges from data on the demographics of companies in Greece and in particular on the start-ups of businesses and business bankruptcies published today by the Hellenic Statistical Authority (ELSTAT).
According to these data, the largest increase in the number of new business registrations in Q1 2021 compared to Q1 2020 was recorded in the Information and Communication sector (61.6%) and in the Construction sector (39.8%), while the corresponding largest decrease was recorded in the sector Accommodation and Hospice Services (30.5%) and in the Manufacturing sector (14.5%).
Business bankruptcies for all sectors of the economy in the first quarter of 2021 amounted to just 7.
Respectively, in the first quarter of 2020 they had amounted to 6.
Regions
ELSTAT reports that the sectors per region of economic activity throughout Greece, in which the largest number of new business registrations are observed, are the following:
Northern Greece: Economic activity sector: wholesale and retail trade, repair of motor vehicles and motorcycles with 1,042 registrations out of total of 5,709.
Central Greece: Economic activity sector: agriculture, forestry and fisheries with 1,671 registrations out of total of 5,696.
Attica: of Economic activity sector: professional, scientific and technical activities with 2,224 registrations out of total of 10,455.
Aegean Islands – Crete: Economic activity sector: agriculture, forestry and fisheries with 2,319 registrations out of total of 4,581.
Sectors
The sectors of economic activity in which the largest number of new business registrations were recorded per category of the legal form of enterprise are:
-Individual enterprises: Economic activity sector: agriculture, forestry and fisheries with 5,396 registrations out of total of 18,294.
-Personal businesses: Economic activity sector: wholesale and retail trade, repair of motor vehicles and motorcycles with 740 registrations out of total of 2,576.
-Capital enterprises: Economic activity sector: real estate management with 68 registrations out of total of349.
-Other legal forms: Economic activity sector: real estate management with 1,239 registrations out of total of 5,222.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Harvard, Yale, Columbia, and More Seek Collaboration with Greek Unis
Greece's former Minister of Education Kyriakos Pierrakakis announces an €82 million funding boost to support the partnerships
Greek Government Reshuffle Brings in More Young Technocrats
Greek PM Mitsotakis has brought in younger leaders and technocrats in a bid to accelerate the government's efforts at modernization and efficiency, according to New Democracy insiders
Greece’s New Government Members Sworn in at Presidential Mansion
Greece's new government members were sworn in on Saturday morning and head straight to work through the first meeting of the new cabinet.
Moody’s Upgrades Greece to Investment Grade, Ending Crisis Era
The rating agency raised Greece’s long-term credit rating to Baa3 from Ba1, with a stable outlook.
EFET on World Consumer Day: Humanity Faces New Challenges
This year’s message emphasizes the need for a transition to sustainable lifestyles while safeguarding consumers’ legally recognized rights. This means ensuring access to essential goods such as food and energy, as well as health and safety.
Athens Hotels Lead Europe in Value Growth for Third Year
Over the entire period from 2015 to 2024, the average annual increase in hotel value was 6.1%.
Unemployment Rate in Greece Down 8.9% in January: IOBE
The unemployment rate in Greece recorded a further decline in January 2025, reaching 8.9%, according to the latest Foundation for Economic & Industrial Research (IOBE) report.
Demand for Short Term Rentals in Greece Surges Ahead of Easter
Among the most popular Easter destinations from Good Friday to Easter Monday are Corfu, Hydra, the Peloponnese, Ioannina, Patmos, Loutra Edipsou, Kavala, Thassos, and Pelion
Opposition Reacts Strongly to Greek Government Reshuffle
PASOK's spokesperson, Kostas Tsoukalas, characterized the reshuffle as a clear indication of Mitsotakis' "strategic deadlock."
Greece’s Economy Awaits Moody’s Verdict on Investment-Grade Rating
The stock market has reflected strong performance, with the general index showing resilience and a lack of inward-looking caution.
![Airbnb: Ποιοι ελληνικοί προορισμοί θα γεμίσουν το Πάσχα [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/08/Airbnb-to-vima-90x90.jpg)
![Ξενοδοχεία: Άλμα 40% στις αξίες την τελευταία τετραετία – Πανευρωπαϊκή πρωτιά [γραφήματα]](https://www.ot.gr/wp-content/uploads/2023/10/ksenodoxio-90x90.jpg)
![Airbnb: Ποιοι ελληνικοί προορισμοί θα γεμίσουν το Πάσχα [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/08/Airbnb-to-vima-600x399.jpg)
