Number of businesses in Cyprus rose slightly in 2020 despite Covid pandemic

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The number of businesses in Cyprus rose by a fourth consecutive year in 2020, albeit the annual rise was contained to 2% due to the Coronavirus pandemic, data released today by the Statistical Service of Cyprus show. According to the enterprises registry for 2020 published on Wednesday by Cystat, the number of enterprises reached 109,220 in 2020 compared to 107,062 in 2019, marking the slowest annual increase since 2016. In 2019 the number of enterprises rose by an annual 5.8%, in 2018 …

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