As of 2020, more than seven out of ten small and medium-sized enterprises were planning to expand their growth plan in Romania. Nearly one fifth of respondents intended to grow as a result of operating in growing markets, while 16 percent of SMEs planned to grow by entering new markets.
Distribution of SMEs in Romania in 2020, by growth plan
Characteristic
Share of enterprises
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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). Distribution of SMEs in Romania in 2020, by growth plan [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1179724/romania-distribution-of-smes-by-growth-plan/
European Commission. "Distribution of SMEs in Romania in 2020, by growth plan." Chart. September 1, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1179724/romania-distribution-of-smes-by-growth-plan/
European Commission. (2020). Distribution of SMEs in Romania in 2020, by growth plan. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1179724/romania-distribution-of-smes-by-growth-plan/
European Commission. "Distribution of Smes in Romania in 2020, by Growth Plan." Statista, Statista Inc., 1 Sep 2020, https://www.statista.com/statistics/1179724/romania-distribution-of-smes-by-growth-plan/
European Commission, Distribution of SMEs in Romania in 2020, by growth plan Statista, https://www.statista.com/statistics/1179724/romania-distribution-of-smes-by-growth-plan/ (last visited August 25, 2024)
Distribution of SMEs in Romania in 2020, by growth plan [Graph], European Commission, September 1, 2020. [Online]. Available: https://www.statista.com/statistics/1179724/romania-distribution-of-smes-by-growth-plan/