The Creation of Companies Collapses by 70% in April, with Construction Leading the Decline

7 May 2020 – Brainsre.news

Although 2,711 companies were created during the month, that figure represented a historical collapse, with Cataluña and Madrid leading the decline.

Although 2,711 companies were created in Spain during the month of April, that figure represented a historical collapse in the number of companies incorporated in a month, with Cataluña and Madrid leading the decreases.

The number is 70% lower than during the same month last year, and 67% lower than in March, according to the Study on Business Demography carried out by Informa D&B, Cesce’s subsidiary company.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

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