Most new companies established in 28 years

Over 100,000 new companies were set up in Czechia in 2022, the highest number recorded since 1994, according to the company Imper, which runs an online database of firms. Prague saw the most freshly established businesses, while the Karlovy Vary Region had the fewest. The number of companies that ceased to do business also reached nearly 100,000. Three-quarters of those were self-employed individuals.