Monday, September 22, 2025
Tenerife Weekly
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact
No Result
View All Result
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact
No Result
View All Result
Tenerife Weekly
No Result
View All Result
Home Europa Press

Business constitutions in the Canary Islands grow by 5% and the capital invested is close to 52 million euros

February 19, 2023
in Europa Press
Reading Time: 3 mins read
0
Business constitutions in the Canary Islands grow by 5% and the capital invested is close to 52 million euros
3
SHARES
Share on FacebookShare on Twitter



SANTA CRUZ DE TENERIFE, 19 Feb. (EUROPA PRESS) –

The Canary Islands have registered 335 business constitutions in the first month of the year, which represents an increase of 5% compared to the 319 companies that were created in January last year, below the 20% increase in the national average, according to the Study on Business demography carried out by INFORMA D&B.

Construction and real estate activities, hospitality and commerce are the three sectors where the most companies are born this month in the Canary Islands community, with 72, 62 and 57 in each case. By provinces, 157 are located in Las Palmas and the other 178 in Santa Cruz de Tenerife.

The capital invested to create these companies also increased in January in the Canary Islands, 361%, the greatest advance in absolute value, up to nearly 52 million euros. Investment for the country as a whole advances by 15%.

Madrid, Catalonia and Andalusia lead the data this first month with 1,988, 1,891 and 1,585 constitutions each. The data only drops in Ceuta and Melilla. Madrid is the one that earns the most in absolute value, with 443 creations, followed by Catalonia, which adds 389.

Madrid is also the region where the most capital has been invested in January, 120 million euros, a rise of 11%, which represents 21% of the total disbursement. The next is Andalusia with more than 105 million euros, a decrease of 6%. In another five communities investment decreased: Castilla-La Mancha, 15%, Catalonia, 41%, Ceuta, 40%, La Rioja, 17% and Melilla, which has not registered investment this month.

GENERAL DATA

During the month of January, 9,318 companies were incorporated in Spain, 20% above the 7,783 that were created the same month in 2022. This is the highest figure reached since June of last year.

The capital invested to create these companies also advances, 15%, up to 568 million euros. The three companies established this year with the greatest investment are Nectare Group SL (32 million euros), MHM Grupo Harinero SL (24 million euros) and Harispe 4 SL (19 million euros), located in Las Palmas, Madrid and Málaga.

Nathalie Gianese, Director of Studies at INFORMA D&B, explained that the increase in the creation of companies in January is driven by Madrid, which registered an increase of 443, and Catalonia, which added 389.

The new companies that emerged in the month of January have led to the appointment of 9,962 directors, which shows the existence of reduced government bodies in our country (the sole administrator regime being the most common). Only 23.5% of the positions created this month are held by women.

In the High Technology sectors, the creation of companies in January advanced by 5.5% to reach 462 constitutions, 5% of the national total. Accumulated investment decreased, however, by 4%, a worse performance than in the companies as a whole, to 6.5 million euros. 83% of these companies are dedicated to high technology or advanced services and the rest to high or medium-high technology manufacturing sectors.

LEADERS OF THE CONSTITUTIONS IN JANUARY

Construction and real estate activities, Commerce and Business services lead the data for creations in January, with 2,014, 1,839 and 1,378 respectively. Together they account for 56% of all constitutions registered so far this year. The figures improve in all sectors, especially in Commerce, with 292 more.

Investment this month is cut in five sectors: Agriculture, 21%, Construction and real estate activities, 18%, Transport, 34%, Hospitality, 7%, and Other services, 12%. Financial intermediation is the one that accumulates the most, 283 million euros, an increase of 41%.



Source link

Related Posts

Podemos Calls for Suspension of La Laguna-Tenerife-Bnei Herzliya Basketball Champions League Match
Europa Press

Podemos Calls for Suspension of La Laguna-Tenerife-Bnei Herzliya Basketball Champions League Match

September 18, 2025
Canary Islands and Euskadi Forge Alliance Advocating “Practical Politics” Against National “Polarisation”
Europa Press

Canary Islands and Euskadi Forge Alliance Advocating “Practical Politics” Against National “Polarisation”

September 11, 2025
Clavijo and Pradales to Sign Bilateral R&D Agreement in the Canaries this Thursday
Europa Press

Clavijo and Pradales to Sign Bilateral R&D Agreement in the Canaries this Thursday

September 11, 2025
No Result
View All Result

Latest Blog Articles

  • Blog
Trailblazing Tenerife: Discover the Wonders of Hiking Teide

Trailblazing Tenerife: Discover the Wonders of Hiking Teide

17 hours ago
Dolphin Encounters in Tenerife: A Journey Through the Waves

Dolphin Encounters in Tenerife: A Journey Through the Waves

4 days ago
Why Tenerife Could Be the Surprise Winner as American Tourism Takes a Hit

Why Tenerife Could Be the Surprise Winner as American Tourism Takes a Hit

4 days ago
Tenerife’s Ocean Giants: Unforgettable Whale Watching Experiences

Tenerife’s Ocean Giants: Unforgettable Whale Watching Experiences

7 days ago
El Médano: A Hidden Gem for Windsurfing Enthusiasts

El Médano: A Hidden Gem for Windsurfing Enthusiasts

1 week ago
Protected: Tenerife Femenino Breaks Records as 22,000 Fans Pack Stadium in Historic Night for Women’s Football

Protected: Tenerife Femenino Breaks Records as 22,000 Fans Pack Stadium in Historic Night for Women’s Football

1 week ago
No Result
View All Result

News Highlights

El PP in Lagunero Calls for the Resignation of Councillor Ángel Chinea

Tenerife B Secures Third Victory Without Conceding a Goal

AGRICULTURA TABORNO | Taborno Advocates for the Conservation of Borralla Potatoes

Canaries Begin the Week with Cooler Temperatures, Reaching 30°C in Some Areas

Santa Cruz ADEIN Tenerife Foundation CB Canarias to Compete in First Division

‘Cruz de Navajas’: Mecano’s Renowned Song Inspired by a Crime in Tenerife

Trending News

Autumn Recipes: A Seasonal Culinary Journey with Mercado de La Laguna
La Laguna

Autumn Recipes: A Seasonal Culinary Journey with Mercado de La Laguna

by Admin
September 22, 2025
0

Autumn is an ideal season for cooking, with milder temperatures and nature providing an abundance of ingredients....

Dreamland Gran Canaria Triumphs in Tenerife, but the Copa Canarias Title Remains in La Laguna

Dreamland Gran Canaria Triumphs in Tenerife, but the Copa Canarias Title Remains in La Laguna

September 21, 2025
An Eruption at Teide Unlikely, but Not for Teno or Anaga Ridges

An Eruption at Teide Unlikely, but Not for Teno or Anaga Ridges

September 21, 2025
El PP in Lagunero Calls for the Resignation of Councillor Ángel Chinea

El PP in Lagunero Calls for the Resignation of Councillor Ángel Chinea

September 21, 2025
Tenerife B Secures Third Victory Without Conceding a Goal

Tenerife B Secures Third Victory Without Conceding a Goal

September 21, 2025
Tenerife Weekly

© 2025 Tenerife Weekly

Navigate Site

  • Tenerife Forum
  • Tenerife Travel Shop
  • Ask Tenerife
  • Canarian News
  • Privacy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact

© 2025 Tenerife Weekly