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Published: 29 July 2010

Enterprise openings began to show growth and enterprises closures decline

According to Statistics Finland, in the first quarter of 2010, the number of enterprise openings was up by two per cent on the respective quarter of the year before. Examined by industry, the number of enterprise openings was highest in trade, and by region relative to the enterprise stock in the region of Uusimaa. In the fourth quarter of 2009, the number of enterprise closures was down by 11.5 per cent on the corresponding quarter of the year before. Examined by industry the number of enterprise closures was highest in trade and by region relative to the enterprise stock in the region of Uusimaa. In the preliminary annual data concerning the whole of 2009, the number of enterprise openings still indicates decline in all regions. Looking at the whole country, there were 3,424 fewer enterprise openings than in the previous year. By contrast, the number of enterprise closures has continued to fall (-1,232).

Enterprise openings, 1st quarter, 2005-2010

Enterprise openings, 1st quarter, 2005-2010

Enterprise openings, 1st quarter of 2010

According to Statistics Finland, there were 10,082 enterprise openings in the first quarter of 2010. Enterprise openings increased by two per cent from the corresponding quarter of 2009 when they numbered 9,885. Enterprise openings accounted for 3.2 per cent of the total stock of enterprises in the first quarter of 2010.

The number of enterprise openings was highest in trade, where they totalled 1,787, or 17.7 per cent of all enterprise openings in the first quarter. In professional, scientific and technical activities enterprise openings numbered 1,726 (17.1%) and in construction 1,412 (14.0 %).

Examined by region, the number of enterprise openings was highest in the first quarter of 2010 in Uusimaa, where they totalled 3,296. Uusimaa also had the most enterprise openings relative to the enterprise stock (3.5%).

Examined by sub-regional unit the number of enterprise openings was highest in the sub-regional unit of Helsinki (3,200), followed by the sub-regional unit of Tampere with 725 enterprise openings.

Examined by municipality, the highest numbers of enterprise openings were recorded in the first quarter of 2010 in Helsinki (1,653), Espoo (513), Tampere (454), Turku (407) and Vantaa (370). Compared to the first quarter of 2009, enterprise openings increased most in Tampere (54) and decreased most in Helsinki (-30).

Enterprise closures, 4th quarter of 2009

According to Statistics Finland, there were 10,010 enterprise closures in the last quarter of 2009. Compared to the last quarter of the year before, enterprise closures decreased by 11.5 per cent, as in the last quarter of 2008 they numbered 11,314. Enterprise closures accounted for 3.2 per cent of the total stock of enterprises in the fourth quarter of 2009.

The number of enterprise closures was highest in trade, at 1,937 (19.4%). In construction enterprise closures numbered 1,547 (15.5%) and in professional, scientific and technical activities 1,465 (14.6%).

Examined by region, in the last quarter of 2009 the number of enterprise closures was highest in the region of Uusimaa, where they totalled 3,786. Relative to the enterprise stock, Uusimaa had the most enterprise closures (4.0%).

Examined by sub-regional unit, in the last quarter of 2009 the number of enterprise closures was highest in the sub-regional unit of Helsinki (3,666), followed by the sub-regional unit of Tampere with 621 enterprise openings.

Examined by municipality, the highest numbers of enterprise closures were recorded in the last quarter of 2009 in Helsinki (1,870), Espoo (556), Vantaa (446), Tampere (389) and Turku (296). Compared to the last quarter of 2008, enterprise closures increased most in Vantaa (36) and decreased most in Helsinki (-160).

Enterprise closures, 4th quarter, 2005-2009

Enterprise closures, 4th quarter, 2005-2009

Source: Business Register: Enterprise openings and closures. Enterprise openings, 2009 1st quarter; enterprise closures, 2009 4th quarter. Statistics Finland

Inquiries: Marketta Kaskirinne-Salo (09) 1734 3542, Mark Rantala (09) 1734 2706, yritys.rekisteri@stat.fi

Director in charge: Hannele Orjala

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Updated 29.07.2010

Referencing instructions:

Official Statistics of Finland (OSF): Enterprise openings and closures [e-publication].
ISSN=1799-2346. 1st quarter 2010. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/aly/2010/01/aly_2010_01_2010-07-29_tie_001_en.html