New Czech company creation hits 10 year high

Around 32,200 new companies were created in the Czech Republic in 2017, according to the consultancy company Bisnode. That’s the highest figure since the pre-crisis year of 2007, it added. Most of the new companies were created in Prague and South Moravia with their main activities services, rentals, management of real estate, wholesale and accommodation. Bisnode said that the total number of companies in the country last year rose by 5.3 percent to stand at 475,600.