Press 9.4% decline in larger businesses established in the 1st half of 2020 also due to special effects caused by the coronavirus pandemic

Press release No. 322 of 24 August 2020

WIESBADEN – In the first half of 2020, roughly 58,000 businesses were started in Germany whose legal form and number of employees suggest that they have greater economic importance. Based on an evaluation of business notifications, the Federal Statistical Office (Destatis) reports that this was a 9.4% decline compared with the first half of 2019.

Basic data and long time series are available in table Business notifications (52311-0002) in the GENESIS-Online database.

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