Only 1 out of 5 Romanian SMEs carry out export activities

7

Only 20% of Romanian SMEs currently carry out export activities, contributing by 25% to total exports in Romania, according to a recent survey conducted by UPS and Kantar Millward Brown.

According to the survey, most of the exporting SMEs are located in Bucharest and the Western Development Region, which includes the counties of Timis, Arad, Hunedoara and Caras Severin.

Of the 52,000 SMEs surveyed in the UPS survey, most are concentrated in the Bucharest-Ilfov region (23.4%), followed by the North-west (14.4%), Centre (13.1%), South -Muntenia (11.1%), North-East (10.8%), West (9.0%) and Southwest (6.7%).

Exporting SMEs are gaining more revenues and are more confident in the future, said Jim Kearney, Managing Director of UPS Romania, Hungary and Greece. A UPS study at European level published earlier this year shows that more than half of the small businesses that are exporting have seen revenue growth over the past three years. UPS is ideally positioned to help Romanian SMEs access and take advantage of cross-border opportunities both in Europe and around the world through our global network, the UPS Director said.

SMEs are the backbone of the European and Romanian economy, accounting for 99% of all companies.

- Advertisement -

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More