In 2019, private education turnover almost went beyond the RON200 million threshold. The biggest weight in total turnover of private education is held by pre-school education, with almost 55% in 2020.
In 2020, overall turnover posted by companies in the private pre-university education field neared RON168 million, around EUR34 million, in line with ZF calculations based on Trade Registry data. The number of companies on the market reached 457 and the number of employees stood at a little more than 2,100.
In line with Confidas.ro data, the most important player on the market is Lumina Institutii de Invatamant. The company reached RON40 million turnover in 2020, almost 22% higher than in 2019, and profit of RON8.95 million, down 24% year-on-year. It had an average number of 173 employees.
Second ranking is Olga Gudynn International School, with turnover of RON9.58 million, profit worth RON10.8 million and an average number of 24 employees in 2020.
Third comes Kids Palace, the company managing the school of the same name of Bucharest’s district 4. The company ended 2020 with turnover worth RON5.19 million, profit of RON2.5 million and an average number of 26 employees.
According to National Statistics Institute data, .3% of the 3,494,600 pupils and preschoolers of the 2020-2021 school year learned in private education units, meaning Romania’s private education includes around 185,213 pupils and preschoolers.
(English version by Catalina Apostoiu)