he number of new registered businesses in Greece was the highest ever since relevant data started being compiled, according to the General Commercial Register (G.E.MI.).
An additional encouraging sign of the positive sentiment in the market is that the rate of new business startups outpaced closures for 2023, as per the weekly bulletin released by the Piraeus Chamber of Commerce & Industry.
The numbers revealed that the Maritime and shipbuilding sectors stood out prominently, as 38 new businesses were established at the Hellenic Marine Environment Protection Association (Helmepa).
According to the data from the General Commercial Registry (GEMI), in 2023, 57,272 new businesses were established, while 20,268 closed, indicating that last year’s startups were 14.7% more than the corresponding figure in 2022, and closures were 6.3% fewer.
Thus, the balance of business startups and closures improved by 30.9% in 2023. Overall, an additional 37,004 new business entities were added last year.
Private companies and one-person ventures were the most popular startups, while limited companies (Ltd) garnered the least interest.
The best performance in terms of geographical regions, about startup-closure ratio, was achieved by the Southern Aegean with +235%, followed by Western Greece (+107.3%), the Ionian Islands (+75.4%), Epirus (+37.3%), and the Southern Aegean region (+34.4%). On the other hand, Western Macedonia had the worst performance.
Source: tovima.com
Latest News
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted
Yannis Vardinoyannis Assumes Post of Motor Oil Board President
He succeeds his father, Vardis, who passed away last week at the age of 91
PM Mitsotakis to Bloomberg: Our Majority Is Stable, Elections To Be Held in 2027
"The government has a solid 2.5-year mandate from the people to implement its policies," Mitsotakis stated