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Prices fall and business creation increases

Fewer collective procedures and more business creationss. This is how it closes Aragon the month of September. A period in which the community followed a different path from that of Spain as a whole, where competitions developed and, although commercial enterprises were created, this was done to a lesser extent than in Aragonese territory.

Concretely, with regard to bankruptcy procedures, Aragon is one of the few autonomy in which these types of processes have decreased in the month of September.

In all, A total of 11 were recorded, representing a drop of 42.11% compared to the same period of the previous year. A descent which It is the second most pronounced after Cantabria, they decrease by 60%and which shows a different trend from that of the whole of Spain, since there was an increase of 12.11%.

If you look at what’s happening this year, From January to September 2024, the development was also positive. During these first seven months, a total of 86 bankruptcy proceedings were recorded, a decrease of 20.37%, according to Experian’s business radar.

Aragon is one of the few autonomy, along with the Balearic Islands and La Rioja, in which bankruptcy procedures take place from January to September. In Spain as a whole there was an increase of 29.46%.

Among the sectors Those experiencing the most concentrated bankruptcy proceedings include, for example, administrative and auxiliary services; recreational and entertainment artistic activities; scientific and technical professional activities; agriculture, livestock, forestry and fishing; information, communication and education, among others.

The evolution of Aragon was positive both in September and over the accumulated period of 2024 in business creation. In this case, the Aragonese community counted 139 formation of commercial companies, i.e. 35.95% more compared to September 2023. In Spain the increase was 27.61%.

From January to September, businesses were also created. There were 1,678 companies. This represents an increase of 9.10%. A percentage which once again exceeds the Spanish average of 6.79% over the cumulative annual period.

As for the sectorstrade and automobile repair, as well as hotels and construction, concentrate a large part of the new businesses created. Financial and insurance activities as well as the manufacturing industry also stand out.

And what’s going on with the solutions? The situation varies depending on the period. While in the month of September roserecording 79, with an increase of 19.70%, in the accumulated so far in 2024, there is a decrease of 8.73% with 1,150 companies dissolved.

In this case, the dissolutions occurred mainly during construction; professional, scientific and technical activities; hotel and real estate activities, among others.

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Katy Sprout
Katy Sprout
I am a professional writer specializing in creating compelling and informative blog content.
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