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Small and medium-sized enterprises' main barriers to sustainability in Romania 2020

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

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Source

Release date

September 2020

Region

Romania

Survey time period

February to May, 2020

Number of respondents

500 respondents

Special properties

SMEs, start-ups and scale-ups

Supplementary notes

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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