Romania ranks among EU countries with lowest shares of firms with fast growth

Romania ranks among the EU countries with lowest shares of firms with fast growth, trailing behind Bulgaria and Hungary, according to the EU data on top sectors with highest shares of firms with fast growth, published on Eurostat.

The firms with fast growth are considered those which increased the number of employees by minimum 10 percent for three years in row and that when the growth started, had at least 10 employees.

According to 2015 statistics, the fields where were registered the lowest shares of firms with fast growth compared to all the others companies from the respective sector were: IT&C: 15.3 percent, administrative and support services: 14 percent, transport and storage: 12 percent.

Overall, over 158,000 firms in the EU were considered firms with fast growth in 2015, representing 9.9 percent of the overall companies in EU with at least 10 employees that work in competition market.

Romania came second to last in the EU with a share of only 2.3 percent of firms with high growth among all Romanian firms with at least 10 employees, trailing behind Hungary (12.5 percent) and Bulgaria (11 percent).

Read more about

One United Properties’ shareholders approve payment of a dividend of €15.2 million

read more

In Romania only 5.9 percent of the employees were working in a firm with fast growth in 2015.

The top positions are occupied by Ireland (14.9 percent), Malta (13.7 percent) and Hungary (12.5 percent).