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Thursday 23 January 2025

More sustainable Reunion businesses

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Newly created businesses in Réunion are more resilient, according to the recurring INSEE survey. In 2019, 57% of businesses created in 2014 were still in operation. They held up a little better than those created in 2010 thanks to a more favorable economic context. However, “young” Reunionese companies remain more fragile than at the national level ; In particular, they encounter a little more financial difficulties. Companies, created more often by former self-employed people and business leaders, resist better than individual companies. Businesses created in the service sector are the most robust, as for the 2010 generation. Four out of ten companies created in 2014, and still in business five years later, employ employees and their average number of employees increases over time.

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