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AICEP
Agência para o Investimento e Comércio Externo de Portugal

CABEÇALHO

In Portugal, 34,466 companies were created so far in 2021, an increase of 8.2% on the previous year.

According to the Informa D&B Barometer, figures are still 18.4% below 2019 pre-pandemic levels.

 

In the Information and Communication Technology (ICT) sector, up to 31 October, 2,131 new companies were created, increasing 1.1% compared to 2019 and 22% compared to 2020, among which the majority (1,642) are in the IT subsector.

 

In geographical terms, Porto, Setúbal, Funchal and Coimbra demonstrated the greatest growth in terms of ICT startups.

By the end of October, besides ICT, only real estate firms recorded growth compared to 2019 and 2020.

 

The sectors furthest from recovering the activity of 2019 are transport (down 58%), accommodation and catering (-29%), and general services (-29%).

 

The barometer also records a decrease in closures and insolvencies between January and October, “most likely due to the support measures that the Portuguese State has made available to companies”, said Informa D&B.

 

This barometer – which does not analyse the insolvency processes of sole proprietors, the self-employed, or individuals – recorded the closure of 9,859 companies this year, 6.4% less than in the previous corresponding period and 22.3% less than in 2019, concluding that all sectors of activity recorded lower levels than 2019, except the transport sector.

 

By 31 October, 1,678 companies had started insolvency proceedings, according to the barometer, a decrease of 13.9% compared to 2020 (272 fewer proceedings) and 9.8% compared to 2019 (183 fewer proceedings).

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