COVID-19 effects on Romanian companies by type 2020

In May 2020, mainly small and micro businesses in Romania were affected by the coronavirus pandemic. Of companies that reported an income reduction due to COVID-19, 64 percent were from micro organizations and 22 percent from small organizations. Only large enterprises reported not noticing any significant impact.

Impact of the coronavirus pandemic on Romanian businesses companies in 2020, by type of organization

Characteristic	Micro	Small	Medium	Large
Turnover/ income reduction	64%	22%	11%	4%
Temporary activity suspension	68%	18%	13%	0%
Postponement or cancellation of company events	54%	30%	11%	5%
Total activity/ business closure	71%	29%	0%	0%
Raw material supply problems	52%	32%	10%	7%
Reducing of the available workforce, because of the limited population movement	44%	36%	16%	4%
Staff on holiday to stay home with children (school suspension)	25%	30%	30%	15%
My organization was not affected in any way	0%	0%	0%	100%

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Release date

June 2020

More information

Region

Romania

Survey time period

May 2020

Number of respondents

243 respondents

Special properties

Business environment representatives (decision makers)

Method of interview

Online survey

Supplementary notes

The original question was phrased as follows:"So far, how was your organization affected by the coronavirus epidemic (COVID-19)?"

The source adds the following notes regarding the methodology: "This report was drafted in early May, following the announcement of the lifting of the emergency state on the 15th of May. However, the data should be interpreted from the perspective of its collection, in the second half of April, when there was no information on a possible relaxation of social distancing measures."

Percentage points +/- 1 percent are probably due to rounding.

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