September 8, 2023
REGISTRATIONS AND BANKRUPTCIES IN GREECE
Business demography statistics constitute, at European and international level, one of the most rapidly developing statistical domains and attract the interest of policy makers, institutional users and society, in general, as they are widely relevant through the information they provide.
In particular, the monitoring of registrations and bankruptcies on a quarterly basis provides up-to-date information on the evolution of business activity and subsequently of the economic climate.
More specifically, ELSTAT announces:
▪ Quarterly data on registrations, by section of economic activity, for the 1 st and 2nd quarter of 2022 and 2023.
▪ Quarterly data on registrations, by section of economic activity and by Large Geographical Area / category of Legal Form of enterprise, for the 2 nd quarter of 2023.
▪ Graphical representation of registrations per week, for the period 1st quarter 2022 – 2 nd quarter 2023.
Change in the number of registrations and bankruptcies
➢ The number of registrations in all economic sections in the 2 nd quarter 2023 amounted to 26,897, recording an increase of 6.1% in comparison with the 2nd quarter 2022, when the respective number was 25,341 and a decrease of 21.4% in comparison with the 1 st quarter 2023, when the respective number was 34,213. Among the sections of economic activity with the largest contribution to the total turnover, according to the data of the Statistical Business Register for the reference year 2020, the biggest increase in the number of registrations in the 2 nd quarter 2023 compared with the 2 nd quarter 2022, was recorded in section “Transportation and Storage” (33.0%) and in section “Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles” (16.9%), while a decrease was recorded in section “Electricity, Gas, Steam and Air Conditioning Supply” (64.4%).
➢ The number of bankruptcies in all economic sections both for the 2 nd quarter of 2023 and for the 2 nd quarter of 2022 are not disclosed for statistical confidentiality reasons regarding the protection of the identity of the enterprises.
Source: HELLENIC REPUBLIC HELLENIC STATISTICAL AUTHORITY
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
