The annual report shows the size, structure and importance of SMEs for the European economy and provides an overview of the past and projected development of SMEs since 2008. This year’s edition focuses on the performance of SMEs in the fields of research, development and innovation (R&I).SMEs are the backbone of the EU-28 economy. In 2018 there were just over 25 million SMEs, representing 99.8 % of all enterprises in the EU-28 non-financial business sector. The value-added of these enterprises was 56.4 %, and the employment share 66.6 %.
Huawei commissioned DIW Econ to determine the economic significance of the company for Germany. This study aimed to describe the economic footprint of Huawei for Germany as a business location in qualitative and quantitative terms.
Huawei Technologies is a global leader in the digital economy with headquarters in Shenzhen (China) and is active in over 170 countries. The largest locations in Germany are the Western European headquarters in Düsseldorf and the site in Munich, where the company operates a major research centre.
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).