Number of enterprises in Cyprus up 5.8% in 2019

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The number of enterprises in Cyprus reached 107,062 in 2019 compared to 101,147 in 2018, recording an increase of 5.8%, according to data released on Wednesday by the Statistical Service of Cyprus.  The number of establishments increased by 5.3%, from 108,891 in 2018 to 114,716 in 2019. Since 2015 an annual increase in the number of enterprises and the number of establishments has been recorded. In 2019, 94.9% of the enterprises were employing less than 10 persons. The biggest productive sector in number …

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