Net growth of new businesses hits 2.326 enterprises in Azerbaijan

Azerbaijan keeps positive balance between opening of new businesses and closure of current ones.

State Statistics Committee reports that in January-June 2.585 new legal entities were registered in the country and 259 legal entities closed. Half a year  growth of new businesses made 2.326 enterprises. In the second quarter it reached 1.263 businesses against 1.063 enterprises in the first quarter of 2012.

As of 1 July 2012 the country numbered 77.037 legal entities (+1,9% versus last year’s same term), 394.283 individual entrepreneurs ( their number rose by 13.043 entrepreneurs in the second quarter) and 850.000 family farmings.

At that small business formed the basis of legal entities- 61.248 small enterprises or 79,5% of total number of the country enterprises. Although private property was the leader in organizational legal forms of economic activity (60.589 businesses) , public (state and municipal) property form exceeded its official share in economy. By 1 July the country numbered 9.148 state (11.9% of all legal entities) and 1.756 municipal (2,3%) enterprises. Public property form considerably advanced volumes of foreign business attraction in the country. Thus, by 1 July the country numbered 4.157 foreign (5,4%) and 1.387 joint (1,8%) enterprises.


/abc.az/