High number of new companies established in first half of 2010

New companies established in the Czech Republic topped 12.600 in the first half of the year, showing year-on-year growth of 10%. Nearly a half of the new businesses were founded in Prague and more than 60% trade in wholesaling, real estate, services or construction. The ČEKIA information agency which released the results told the Czech Press Agency that 2010 could break records if the tempo continues for the rest of the year. The vast majority of the new entities (95.4%) were limited liability companies, while only 581 were joint-stock companies.