Study: Over 70 pct of micro-enterprise activity in Romania generated by firms with turnovers below EUR 250,000

According to a new study carried out by Instant Factoring on micro-enterprises in Romania (companies with a turnover of up to EUR 500,000) has found that these firms have continued on a steady growth trajectory: in 2018, there were 524,900 active companies – 2.5 percent more than the previous year. They achieved a total turnover of RON 129 billion and a profit of RON 27.5 billion (21 percent of the turnover and an average of RON 52,390 per company), while 72 percent of the consolidated ...

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