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13.06.2019 13:21:18 - dpa-AFX: Germany records increase in start-ups in first quarter of 2019

FRANKFURT (dpa-AFX) - A greater number of new businesses have been
launched in Germany in the first quarter of 2019 than a year earlier,
the Federal Statistical Office said on Thursday.

Germany registered 156,400 new start-ups in the quarter, an increase
of 3.6 per cent compared to the same period last year.

This included 34,800 businesses whose legal form and number of
employees suggest they will be of 'greater economic importance,' the
office said, up 2.8 per cent from the first quarter of 2018. At the
same time, just 29,000 such sizeable businesses closed down, which is
3.3 per cent less than a year earlier.

The total number of business registrations also rose between January
and March by 2.8 per cent to around 192,000. The number includes not
just new start-ups but also cases of acquisitions, reorganisations or
moves from one district to another.

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