CCoommp­paan­nyy rreeg­gi­is­st­tr­raat­ti­ioonnss uupp

Financial Mirror (Cyprus) - - FRONT PAGE -

New com­pany reg­is­tra­tions con­tin­ued to rise for the sixth con­sec­u­tive month in June, on an an­nual ba­sis, to 761, from 654 in the year-ear­lier month, up 16.4%. How­ever, on a monthly ba­sis, new com­pany ap­pli­ca­tions dropped 21.5% from 969 the pre­vi­ous month.

The to­tal ap­pli­ca­tions for new com­pany reg­is­tra­tion in the first half of the year dropped to 5,434, from 5,778 in the Jan­uaryJune pe­riod last year, a re­duc­tion of 344 or 5.95%. To­tal reg­is­tra­tions in 2013 had reached 10,927, com­pared to 18,098 in 2012. The num­ber of com­pa­nies in the Reg­is­trar’s records reached 268,901 by the end of June, marginally up 0.3% from 268,151 in the Jan­uary-June pe­riod of 2013.

The num­ber of com­pany bank­rupt­cies in the first half of the year reached 73, com­pared to 189 for the whole of 2013 and 133 in 2012. Vol­un­tary dis­so­lu­tions to­taled 670, com­pared to 1,478 for the whoel of 2013 and 1,144 in 2012, while the num­ber of per­sonal bank­rupt­cies in Jan­uary-June this year reached 90, com­pared to 364 for the whole of 2013 and 561 in 2012.

Newspapers in English

Newspapers from Cyprus

© PressReader. All rights reserved.