The sector of staff contracting services, on a temporary basis (employee leasing), places second, with a revenue growth rate of 1,001% in 2017 versus 2008 (before the impact of the economic crisis locally), up to RON2.73 billion, the analysis also shows.
The analysis assesses the evolution of companies active in Romania for the 612 sectors of activity for CAEN (Classification of Activities in the National Economy) codes. In order to filter the representative sectors, Guda considered only the sectors with at least 100 active companies which report consolidated revenue of at least RON100 million, eliminating those with extreme deviations (significant increases or decreases) caused by the exit or registration of important companies.
Only the two abovementioned sectors reported more than tenfold increase in revenue over the last decade, the analysis shows. „These sectors were boosted by an increase in mobile communications equipment (smartphone) and by companies’ need for flexible staff in the context of labor market tension (work is increasingly based on projects)”, Guda explained.
Hospital assistance activities place third in the ranking (+818%), seeing revenue of up to RON1 billion at the end of 2017, followed by retail trade through mail-order houses or through internet (+721%), up to RON4.4 billion, and by activities of fitness centers (+699%), up to RON144 million.
The next spots are held by call-centers (+657% to RON1.9 billion), wholesale trade of electronic and telecommunications components and equipment (+452% to RON9.5 billion), manufacturing of other electric equipment (+426% to RON4.5 billion), activities of web portals (+348% to RON245 million) and activities of dental assistance (+348% to RON1.28 billion).
As regards the sectors of activity with growing revenue over the last decade, Guda noticed that mostly the companies engrossed in trade and services provision have seen growth, with a single sector being engaged in production (the manufacturing of other electric equipment).
The analysis concludes that not all sectors seeing significant increases in revenue over the last decade also saw an accelerated dynamic over the last two years. For instance, communications equipment repair services (-6%), activities of fitness centers (-4%) and activities of web portals (-15%) reported decreases in turnover in 2017, compared with 2016.