Analysis and Studies - Studies
Key statistics & trends that affected Irish businesses between January and June 2019
August 27th 2019
Ireland beats company start-up record: 12,142 new companies formed in first half of 2019, or 67 every day
Nine counties saw double-digit start-up growth; Dublin home to the majority of new companies, according to our latest figures:
• Company start-ups in H1 2019 up over 5% on the same period in 2018
• Professional services and social and personal services industries enjoy strong growth, although construction and finance down slightly
• Dublin (+12.4%), Cork (+2.7%) and Galway (+3%): all continue to see positive increases in company start-ups, but Leitrim records biggest percentage increase in start-up numbers (+57.6%)
• Our MD Christine Cullen: “Despite the great ‘known-unknown’ of Brexit and a gentle deceleration in the rapid economic growth of the last five years, Ireland’s economy remains in an overall buoyant state.
Ireland has beaten its company start-up record for a half-year period.
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