Balearics: 295 new firms, 73 close in September
Mallorca and the rest of Spain’s Balearic Islands see 295 companies start up in September, while 73 close. That is 1.3% fewer new firms and 5.8% more closures than in the same month last year. Spain’s National Statistics Institute released the figures on Thursday, 12 November 2026.
Despite the dip, it is the third-highest September total for new companies in the Balearics since records began. Their founders subscribed just over €5.37 million in capital, 37.87% less than a year earlier.
Of the 73 companies that closed, 67 did so voluntarily. Three merged with other companies, and three closed for other reasons.
Existing firms committed less capital, too. Just 37 increased their capital, down 22.9% on September last year. The amount subscribed for those increases fell 67.7% to €26 million.
Source: Europa Press / Mallorca.com