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New companies less

According to the Cyprus Registrar of Companies in May of this year the number of applications for the registration of new companies has decreased by 60%.

Thus, all applications were filed 640 compared with 1 600 applications in May 2012 year.

With regard to the trade names and company names have been submitted in May 1 493 application that 56% less than the same period last year (3 384).

Source: cyprusrussianbusiness.com

A source:

Tags: Economy, Companies, Statistics