In 2018, 1,147 high-growth enterprises were recorded
In 2018, 1,147 high-growth enterprises measured in employment were recorded among enterprises with at least 10 employees in industry, construction and business services. Compared to 2017 the number of high-growth enterprises went up by 18%. Enterprises engaged in construction (58 more), manufacturing (32 more) and wholesale and retail trade, repair of motor vehicles and motorcycles (29 more) contributed the most to the higher number of high-growth enterprises.
Three quarters of high-growth enterprises were recorded in four activities: in manufacturing, in wholesale and retail trade, repair of motor vehicles and motorcycles, in transportation and storage and in construction.
90 high-growth enterprises (7.8%) were younger than five years.
High-growth enterprises employed 13.3% more persons than in 2017
High-growth enterprises employed 78,108 persons in 2018, which is 13.3% more than in the previous year. The number of employees in these enterprises increased the most in manufacturing (by 8,272).
Most persons in high-growth enterprises were employed in manufacturing (45.4%); 11.3% of persons were employed in administrative and support service activities, and 11.3% in transportation and storage. In 2018, the average size of high growth enterprises was 68 employees.
15% of high-growth enterprises in the population of enterprises with at least 10 employees
High-growth enterprises represented around 15% of enterprises with at least 10 employees in 2018 in industry, construction and business services, which is two percentage points more than in 2017. These enterprises employed almost 18% of employees in enterprises with at least 10 employees.
Detailed data on high-growth enterprises for 2018 will be published on 23 January 2020 in the SiStat Database on SURS’s website, including the breakdown by cohesion and statistical regions.