New companies founded by a quarter

New companies founded by a quarter

In the first half of the year, 19,708 new companies were founded, 23.6 percent more than in the same period of the previous year. Compared to the pre-Corona half of 2019, it was 15.1 percent more. This is shown by current figures from the Chamber of Commerce (WKO).

Most of the start-ups this year took place in the first six months in the retail and information and consulting divisions. In particular, there was growth in those areas that received a boost from digitization in the Corona period, such as the IT industry or mail order.

“The restart of the economy after the end of the lockdowns and the scaling back of the protective measures had a positive effect on the start-up scene,” says Elisabeth Zehetner-Piewald, Federal Managing Director of the Start-Up Service in the WKO.

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