October 16, 2021

Beyond Going Long

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Analysis: Hundreds of restaurants have disappeared since the beginning of the year, but new ones have appeared

Analysis: Hundreds of restaurants have disappeared since the beginning of the year, but new ones have appeared

BRATISLAVA, Sept 30 (TASR) – Although measures against the spread of COVID-19 have been less stringent in recent months, many restaurants have failed to overcome their situation a year ago and closed their businesses. By the end of the summer of this year, 637 restaurants operated by natural or legal persons had disappeared in Slovakia. However, the difficult situation did not discourage many entrepreneurs. At the same time, 1134 new restaurants were created. That comes from analysis by consulting firm Dun & Bradstreet.

“According to our analysis, there are currently 21,111 restaurants in Slovakia, of which 9,348 are managed by legal entities, and the rest are run by natural persons – entrepreneurs not registered in the commercial register. Compared to last year, we recorded a total increase of 792 operations,” Determined by Dun & Bradstreet analyst Petra Štěpánová. The analysis shows that most of it happened before the summer holidays, when a rapid easing of measures was expected. In June, 219 new plants were set up in Slovakia, and the second strongest month was in May, with 189 plants registered.

According to Štěpánová, many entrepreneurs have turned to the online ordering system for food delivery, and many have introduced “distribution windows” that have been able to cover the costs. However, dozens of operations have had to close their businesses due to the pandemic. Štěpánová added. 74 electronic companies and joint stock companies and 563 natural people – entrepreneurs have finished their business. Most of the entrepreneurs, 109, closed their catering business in May, compared to 103 entrepreneurs in January.

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