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Number of enterprises opening ups, closure slides in Q3 2019

Published : 27 Jan 2020, 01:08

Updated : 27 Jan 2020, 13:06

  DF Report

DF File Photo.

The number of enterprise openings rose by nearly one fourth in the third quarter of 2019 from the respective quarter of 2018, according to Statistics Finland.

The number of enterprise closures fell by six per cent in the second quarter of 2019 from one year earlier.

There were 9,879 enterprise openings in July to September 2019. There were 1,815 or 23 per cent more enterprise openings than in the corresponding period in 2018.

Examined by main industry, the number of enterprise openings was highest in professional, scientific and technical activities. In that industry, the number of enterprise openings was 1,710.

This is 17 per cent of all enterprise openings in the third quarter of 2019. There were the second most enterprise openings in the industry of construction (1,277) and the third most in trade (1,020). Compared to the third quarter of 2018, the number of enterprise openings also rose in the industry of professional, scientific and technical activities (+435).

Examined by region, most enterprise openings were recorded in Uusimaa, 4,083 enterprises. The number of enterprise openings was next highest in Pirkanmaa (917), Southwest Finland (864) and North Ostrobothnia (591). There were nearly 900 more enterprise openings in Uusimaa than in the third quarter of 2018. The number of enterprise openings in Pirkanmaa was around 190, in Southwest Finland 160 and in North Ostrobothnia 120 more than in the corresponding period. The number of enterprise openings remained unchanged in Central Ostrobothnia and fell by around one quarter in Kainuu.