Romania: SMEs' barriers to digitalization 2020

In 2020, the main barrier to digitalization for one third of the SMEs surveyed for this study was the lack of financial resources, followed by regulatory obstacles. Five percent of respondents also considered the uncertainty of future digital standards to be an obstacle to their development.

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

Characteristic	Share of enterprises
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Release date

September 2020

More information

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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