Number of enterprises up in 2015

The number of enterprises and establishments increased in 2015 compared to 2014, the Statistical Service of Cyprus announced on Wednesday in the Business Register 2015 final results.

The number of the enterprises and establishments in 2015 recorded an increase of 2% and 3.1% respectively, compared to 2014, the Service said.

The number of enterprises in 2015 was 90.162, compared to 88.346 in 2014 and the number of the establishments was 98.765 in 2015, compared to 95.748 in 2014, it added.

The Business Register covers all the sectors of the economy and the 95.5% of the enterprises have less than 10 employees.

Source: Cyprus News Agency