WKO: Better Framework Conditions for SMEs

People ♦ Published: November 26, 2013; 10:52 ♦ (Vindobona)

Small and medium sized enterprises (SMEs), with between 10 to 249 persons employed, are a driver of the European economy, creating jobs and contributing to economic growth. WKO calls for better framework conditions for SMEs.

WKO: Better Framework Conditions for SMEs / Picture: © Vindobona.org

In 2011, of the 22 million enterprises in the EU 28’s non-financial business economy 7 percent were SMEs, accounting for 38 percent of persons employed and creating 38 percent of total turnover.

On the occasion of the European SME week, which takes place from 25 to 30 November 2013, Eurostat, the statistical office of the European Union, publishes data on enterprises broken…