Interest in entrepreneurship is growing rapidly – News

Interest in entrepreneurship is growing rapidly – News
Interest in entrepreneurship is growing rapidly – News
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“Since the beginning of the year, we have observed significant interest in business. The reason may be the improving economic situation,” said Czech Credit Bureau analyst Věra Kameníčková.

The largest number of people, over four thousand, started business in Prague, followed by the Central Bohemian and South Moravian regions. Only the Karlovy Vary region recorded a decrease.

The fastest growing number of entrepreneurs is in information and communication activities, where 37 new ones were created for every ten people who quit.

Since the beginning of this year, we have observed significant interest in business

Věra Kameníčková, Czech Credit Bureau

According to the Czech Credit Bureau, fifty-three bankruptcies of commercial companies were declared in April. At the same time, ninety-eight bankruptcy petitions were filed, the most since last June.

“In the Czech Republic, the rate of corporate bankruptcies has been very low for a long time, especially compared to neighboring countries. Even though the number of proposals for corporate bankruptcy increased in April, which usually indicates a higher number of bankruptcies in the following months, it is far from an alarming growth,” said Kameníčková.

According to her, the largest bankrupt company was wheel and axle supplier Walbo Railway, which according to the latest published statements remained profitable until 2021, but had high debt.

UniCredit also has problems with the ECB due to continued business in Russia

Economy

The article is in Czech

Tags: Interest entrepreneurship growing rapidly News

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