The number of new companies registered in Cyprus rose to 11,169 in 2014 compared to 10,847 the year before, or almost an annual 3 per cent, the department of registrar of companies and official receiver said.

In 2012, the number of new company registrations was 17,999, the department said in a statement on its website today.

At the end of December 2014, the total number of companies registered in Cyprus was 253,808, which was 6.7 per cent less compared to the year before, the statement said.

Source: Business Mail (