Some 18,306 companies were registered in the Czech Republic last year, the
second-highest number in history. At the same time, 13,328 companies ceased
to exist, the greatest number on record.
According to the Czech Credit Bureau (CRIF), at the end of 2018 there were
31,634 companies in total still registered as operational.
CRIF analyst Věra Kameníčková said the number of newly established
firms stayed close to historical highs for most of 2018, in line with
continued economic growth and prevailing optimism among businesses and
consumers.
In annual terms, there were 929 fewer new companies registered than in 2017
while 1,135 more disappeared in 2018 than in the previous year. The net
increase thus decreased by 2,064 year-on-year and was the lowest in the
last five years.