Half Of Start-ups Set Up In 2005-2010 Survived At Least 5 Years, But Just 2.5% Of Them Reached Over EUR1M Revenue

08.01.2018 By Ecaterina Craciun

The first million euros, a target set by many entrepreneurs at the beginning of the road, remains for most start-ups only a threshold hard to reach. Over 95% of entrepreneurial initiatives during the 2005-2010 period in the Romanian economy had failedto report revenue of at least EUR1 million until 2015, according to an analysis by Iancu Guda, service director within Coface.



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Keywords:
companies
, turnover
, Coface