In 2020, the main barrier to sustainability for over one third of Romanian small and medium-sized enterprises was the lack of financial resources, followed by the lack of consumer or customer demand. Management's refusal for sustainable development accounted for only two percent of the SMEs.
Small and medium-sized enterprises' main barriers to sustainability in Romania in 2020
In this report, SMEs are considered to be companies that have less than 250 employees, and have a turnover less that 50 million euros. Start-ups are considered to be you enterprises, founded in 2015 or later, that have introduced any kind of innovation in the last 12 months, and plan to grow in terms of turnover and/or employment. Scale-ups are defined as mature enterprises, founded prior to 2015, that have had significant employment and/or turnover growth since 2016, thus in the last three years.
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European Commission. (September 1, 2020). Small and medium-sized enterprises' main barriers to sustainability in Romania in 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1179711/romania-smes-barriers-to-sustainability/
European Commission. "Small and medium-sized enterprises' main barriers to sustainability in Romania in 2020." Chart. September 1, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1179711/romania-smes-barriers-to-sustainability/
European Commission. (2020). Small and medium-sized enterprises' main barriers to sustainability in Romania in 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1179711/romania-smes-barriers-to-sustainability/
European Commission. "Small and Medium-sized Enterprises' Main Barriers to Sustainability in Romania in 2020." Statista, Statista Inc., 1 Sep 2020, https://www.statista.com/statistics/1179711/romania-smes-barriers-to-sustainability/
European Commission, Small and medium-sized enterprises' main barriers to sustainability in Romania in 2020 Statista, https://www.statista.com/statistics/1179711/romania-smes-barriers-to-sustainability/ (last visited November 21, 2024)
Small and medium-sized enterprises' main barriers to sustainability in Romania in 2020 [Graph], European Commission, September 1, 2020. [Online]. Available: https://www.statista.com/statistics/1179711/romania-smes-barriers-to-sustainability/
