According to the Informa D&B Barometer released on Wednesday, more than half of the sectors show growth in the establishment of companies, notably real estate activities (+22%; +860 establishments), construction (+13%; +607), business services (+4.8%; +316), and agriculture and other natural resources (+20%; +229).
The construction and real estate sectors maintain significant growth, with 3,457 new residential and non-residential building construction entities and 3,143 real estate trading entities established by the end of September. Compared to the same period last year, this represents an increase of 435 (+14%) and 556 (+21%), respectively, as detailed by Informa D&B.
“These two activities register both the largest increase since the beginning of the year and the highest number of company establishments, reflecting the dynamism of the real estate market and the business response to the housing crisis,” the report notes.
Informa D&B also highlights notable increases in the formation of companies within the short-term accommodation subsectors (+42%, +259 establishments), agriculture and livestock activities (+25%, +242 establishments), and general retail (+42%, +226 establishments).
Among sectors experiencing declines in company formation, Informa D&B highlights transportation (-30%; -802 establishments), particularly in Greater Lisbon, which continues to decelerate and significantly impact the indicator, retail (-8.5%; -307 establishments), especially in the food sector, and general services (-3.0%; -178 establishments), notably in health, sports, and wellness activities.
Regarding company closures, Informa D&B reports that 7,910 companies closed nationwide by the end of September, indicating a decrease compared to the same period last year.
This decline is observed across all sectors, notably in accommodation and restaurants (-21%, -377 closures), retail (-16%; -350 closures), and business services (-15%, -333 closures), according to Informa D&B.
In terms of insolvencies, Informa D&B states that 1,502 companies began insolvency proceedings by the end of the third quarter this year, representing a 5.2% decrease (-103 insolvencies) compared to the same period last year, after two consecutive years of increases in this indicator.
Half of the sectors reported a decrease in insolvencies, with the decline particularly concentrated in industries (-26%; -113 insolvencies), especially in textiles and fashion (-37%; -98 insolvencies), which had previously recorded consecutive increases over the past two years.
Insolvencies also decreased in the general services (-21%, -25 insolvencies) and construction sectors (-9.8%, -20 insolvencies).
Conversely, Informa D&B highlights an increase in business services (+32%; 37 insolvencies) and transportation (+31%; +26 insolvencies).
