02/12/2021  h. 16:21   
   Overview   |  
Business demography in the Provinces of Treviso and Belluno as at 30.06.2021

26/07/2021 | Economy | 

Source: press office Presidency of the Chamber of Commerce of Treviso Belluno|Dolomiti


Business demographics pick up again in the second quarter of 2021 compared to the balance sheet at the end of 2020: +502 establishments in Treviso and +92 in Belluno, sustained above all by construction and core business services activities

President Mario Pozza's comment

The data confirms that if we manage to work as a team we can create the right conditions to get our economy back on track, - commented Mario Pozza, President of the Treviso-Belluno Chamber of Commerce. - The economic support to businesses and workers, the progress of the vaccination plan and the evaluation of the green pass to make jobs safe, have produced and will produce their effective and efficient results.
I am pleased to be able to see, in this quarterly result, a return to our territories of the desire to do business. One figure above all seems to me very eloquent: in both Treviso and Belluno the birth/death balance for the first half of 2021 (+391 in Treviso; +48 in Belluno) is higher than in 2019, a year not affected by the pandemic.
These are certainly positive figures, - continued the President, - but they await the reconfirmation of certain measures such as the Superbonus. Another element that may affect business demographics is the blocking of start-ups through the Chambers of Commerce portal, which used to take 2-3 days at most and was free of charge. The obligation of the notarial passage is a decision that will limit the creation of new companies.

We then come to the problem of the lack of manpower and highly specialised professionalism for innovation and digital transfer, which are essential elements for doing business, - the President continues. The lion's share of the recovery is in the construction industry, and the tertiary sector of professional activities is growing again. And we must look with some attention at the growth of business combinations/acquisitions in the manufacturing sector, which we can see in the background of the growth in the number of local units.
There are tentative signs of recovery in the trade and hospitality sector, after the hard knocks of the social distancing measures, - concluded the President. - In the province of Treviso, the restaurant sector is growing again (+28 businesses compared to December), while in Belluno there were +19 retail businesses and +5 businesses in accommodation services. 

Recent data on business demographics, updated to 30 June 2021, show a restart of entrepreneurial activity during the second quarter of the year, as also emerged from the employment dynamics based on the monitoring carried out by Veneto Lavoro .
Compared to the balance at the end of the year 2020, the number of business premises in the first half of 2021 is growing in both provinces: +502 in Treviso and +92 in Belluno, in sharp contrast to what was found in the same period a year ago when the balance was negative (respectively -339 in Treviso and -165 in Belluno).

The data on a trend basis (June 2021 compared to June 2020) adds little, considering that business demographics have experienced a change of pace since March, coming out of a period of substantial "freezing" due to the various dissuasive factors to the closure of companies, repeatedly mentioned in previous reports.

In this regard, the trend of monthly flows of registrations/disposals and balances is eloquent (see graphs), which reverses the trend in March. Even more significant is the fact that, in both provinces, the balance of company births and deaths in the first half of 2021 (+391 in Treviso; +48 in Belluno) is higher not only than the balance of a year ago (which is to be expected), but also than that recorded in the first six months of 2019 (-123 companies in Treviso; -79 companies in Belluno), a year not affected by the pandemic.

The half-yearly growth in the number of business premises is mainly due to the increase in the construction sector, which has benefited to a large extent from tax incentives (+153 premises in Treviso and +26 in Belluno), and from the related increase in real estate activities (+84 in Treviso and +8 in Belluno), in addition to almost all other business services, especially professional, scientific and technical activities, which grew strongly, especially in Treviso (+107 premises).

In parallel with the increase in the number of business premises, there was also a rise in the number of local units, which grew overall in both provinces in the last six months (+200 branches in the province of Treviso and +25 in the province of Belluno); in Treviso the increase was double that of the first half of 2020.        
In the province of Treviso it is the manufacturing sector that has benefited from the greatest increase in terms of local units (+65 dependent branches, more than half of which are in the wood-furnishing sector): underlying this dynamic are the well-known processes of acquisition and transformation; the other growing sector in terms of local units is retail trade (+32 units). In the province of Belluno, on the other hand, the greatest contribution comes from business services (+25 branches).

The trend recorded for the whole companies is confirmed also for the handicraft companies, which in the first half of 2021 grow, compared to the end of 2020, by +87 units in the province of Treviso (the decrease, on a six-month basis, recorded in June 2020 was equal to -125), while they are substantially stationary in the province of Belluno (+2, against -46 in the same period of the previous year). The most important growth was recorded in the building sector, where the number of artisan enterprises increased, compared to December 2020, by +101 units in the province of Treviso and +17 units in the province of Belluno.
Starting from these premises and on the basis of the numbers by economic sectors, the most significant differences in the respective provinces are highlighted compared to the final balance at the end of the year.

The Compass, Veneto labour market in the second quarter of 2021, Labour Market Observatory, July 2021.


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