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In July, South Korea set a new record for the creation of new companies
In July, a new record for the creation of new companies was set in South Korea - 8 new enterprises appeared, according to IA RUSCOR with reference to the Central Bank. A significant share of this number is taken by companies created by entrepreneurs upon retirement.
For comparison, in June, 7 133 appeared new enterprise. Central Bank data also shows that the number of failed firms increased by 16 to 83 in July. The data includes companies whose current deposit accounts have been suspended and do not include those who have applied for court decisions.
The level of corporate debt, including bonds, checks, and IOUs, was 0,21 percent last month, remaining almost unchanged compared to 0,22 percent in the previous month.