NALED: Most of closed businesses are catering facilities, hairdresser’s and beauty salons

Caterers, hairdressers, beauticians and taxi drivers were the most likely to shut their businesses down in 2022 – says the National Alliance for Local Economic Development (NALED).

There are currently 135,533 companies and 305,317 small businesses operating in Serbia.

“These are the data collated by the Business Registers Agency (APR), and it includes companies that are in bankruptcy and in liquidation,” said Irena Đorđević, regulatory reform manager at NALED.

In the first six months of this year, 12,829 shops were closed, which is 12 percent more than in the same period last year, when 11,243 were closed.

On the other hand, in the first half of this year, 12.5 percent more companies were registered than in the same period last year.

Also, in the first six months of this year, 25,816 business entities were founded, which is 4,520 more than in the same period last year, while the number of new small businesses increased by 23.9 percent – from 16,347 last year to 20,247 this year.

Most of the newly founded small businesses are catering facilities, consultants and developers, hair and beauty salons and road freight transport.

Among registered small businesses, a third are owned by women and a quarter by young people aged 18 to 35.

(, 15.11.2022)

This post is also available in: Italiano

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