Small and medium-sized enterprises (SMEs) continue to recover – intra-EU-28 exports are a key driver of growth!
SMEs form the basis of the EU-28 economy. Between 2008 and 2017, the gross value added generated by EU-28 SMEs increased by 14.3% and employment by 2.5% on a cumulative basis and growth is expected to continue in the coming year.
The German-Japanese Expert Council on Energy System Transformation (GJETC) publishes first study results.
The experts addressed a total of four key energy policy and economic questions on energy system transformation and developed policy recommendations on this basis.
Small and medium-sized enterprises (SMEs) continue to recover!
SMEs form the basis of the EU-28 economy. In 2016, SMEs created 93 million jobs and added value by a further 1.4%. Businesses benefited mainly from stronger aggregate demand (consumption, exports and capital investment).
Small and medium-sized enterprises (SMEs) continue to recover!
SMEs form the basis of the EU-28 economy. In 2015, almost 23 million SMEs generated USD 3.9 trillion and provided 90 million jobs. This means that in 2015 SMEs accounted for two-thirds of employment in the EU-28 and slightly less than three-fifths of EU-28 value added in the non-financial sector.
European SMEs starting hiring again
The report 2014/2015 presents good news: after years of downsizing, European SMEs are expanding, and have started hiring again. The annual report, prepared on a yearly basis, provides a synopsis of the size, structure and importance of SMEs to the European economy and an overview of the past and forecasted performance of SMEs from 2008 to 2016.