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Small and medium enterprises

Type of business with small personnel numbers

Small and medium enterprises    ▸ Facts   ▸ Comments   ▸ News   ▸ Videos   

Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by many national agencies and international organizations such as the World Bank, the OECD, European Union, the United Nations, and the World Trade Organization (WTO).

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EU SMEs well behind on digitalisation, Eurostat report finds [Video]

EU SMEs well behind on digitalisation, Eurostat report finds

Only 58% of EU small and medium enterprises have reached a basic level of digital services, an enormous 32 percentage points behind the goal set by the EU Commission for 2030.

Credit: euronews (in English)     Duration: 01:30Published

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