Suche
Mein Konto
Thuringia is booming: Registrations exceed de-registrations in business!
In Thuringia, business registrations rose by 3.3% in 2023. Small businesses dominate while opt-outs increase.
Thuringia is booming: Registrations exceed de-registrations in business!
In the first half of 2023, Thuringia recorded a noticeable increase in business registrations compared to deregistrations. According to information from Antenn Thuringia A total of 6,182 business registrations were registered by the end of June, which corresponds to an increase of 198 registrations or 3.3 percent compared to the same period last year. This compares to 5,934 business de-registrations, an increase of 1.5 percent compared to the previous year.
Around 82 percent of registrations were for start-ups, which generally consisted of small businesses or part-time businesses. A remarkable quarter of founders decided to set up corporations or partnerships or to take over businesses with already employed employees.
Dynamics in different economic sectors
The dynamics of registrations and deregistrations is particularly pronounced in the car trade sector, in vehicle repair shops, in gardening and landscaping as well as in the temporary employment and travel agency sectors. Of the deregistrations, 81.4 percent were due to the complete abandonment of the business. Experts suspect that often no successors could be found for the abandoned businesses.
The collection of business registrations, which is addressed to the lower trade authorities, not only serves as documentation, but also provides important statistical data. This information is crucial for ministries, business associations, universities and research institutes interested in supporting start-ups. According to the Statistics Thuringia Business registrations are mandatory reports that are required for new businesses, conversions or takeovers of an existing business.
The statistics differentiate between business start-ups with economic significance and other new businesses, whereby part-time employment is also taken into account. These differentiations are important in order to record and analyze the economic situation in detail.
The data on business registration and de-registration show that despite an increase in new businesses, challenges in the area of succession planning and the stability of existing companies remain. A careful analysis of trends and patterns is therefore necessary in order to develop targeted support measures for start-ups and entrepreneurs in Thuringia.