Number of Balearic Islands businesses above pre-recession levels for first time

THE number of Balearic businesses is above pre-crisis levels for the first time.

Some 44,190 companies were registered with social security in April, the highest number for that month since 2008.

In total, this represents 373 more than April 2008 and 458 more than 2007.

In 2013, the number of registered companies had dropped to 39,109.

Out of April’s 44,190 registered firms, 35,788 were in the service industry, with 5,961 construction companies.