Agência para o Investimento e Comércio Externo de Portugal


New companies set up in Portugal rose by 15.7% to 15,595 in the first quarter compared to the same period last year.

"New companies were created in all activity sectors and districts, but the construction and transport sectors contributed with almost half of the total growth of new companies in the [first] quarter", the study from Informa D&B said.


These figures correspond to 245 new companies per day in the first quarter of 2019, according to D&B.


Closures of companies totalled 3,989 in the first three months of the year, 0.6% more than in the same period last year, but less 26% when compared to 2018, while new insolvencies dropped by 19.5% to 544.