The study says most exporting SMEs are located in capital Bucharest and in the country’s West development region which includes the counties of Timis, Arad, Hunedoara and Caras Severin.
Most of the 52,000 SMEs analysed in the UPS study are located in the Bucharest-Ilfov region (23.4%), followed by the North-West (14.4%) region, the Center (13.1%), Sud-Muntenia (11.1%), North-East (10.8%), West (9.0%) and South-West (6.7%).
Kantar Millward Brown analysts analysed the active companies in Romania (based on the official data released). The study includes information from 52,000 SMEs which submitted the latest balance sheet in 2016, have ten to 249 employees and a turnover up to EUR50 million. The analysis aimed to create a regional map of the main exporting SMEs in Romania, focusing on the development regions Bucharest-Ilfov, Center, Sud-Muntenia, North-East, North-West, South-East, West, South-West.
UPS operates two legal entities in Romania, namely, UPS Romania and UPS SCS Romania, with a cumulated turnover of RON202 million, up 9% compared with 2015, according to ZF calculations based on Finance Ministry data. UPS has been operating in Romania since 1990 through its partner Romtrans and since 2000 through its own subsidiary, Trans Courier Service, which UPS had acquired in 2008.