Lobbying on Revision of the EU SME Definition

Revision of the EU SME Definition

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ID: 1462

Lobbying Activity

15 responses

Consultation response

EUROCHAMBRES – Association of European Chambers of Commerce and Industry, 3 Jul 2017

This submission provides feedback on the Inception Impact Assessment published by the European Commission on 8 June 2017 and aims to contribute to the ongoing discussions regarding a potential revision of the EU SME Definition, as set out in Recommendation 2003/361/EC. Overall, EUROCHAMBRES…

Consultation response

SGI Europe, 6 Jul 2017

Welcoming the European Commission’s Inception Impact Assessment, CEEP would like to provide the feedback of providers of public services and of services of general interest (SGIs) in the EU. CEEP shares the point of view that 14 years after the current EU SME Definition’s publication, there is a…

Consultation response

Zentralverband des Deutschen Handwerks e.V., 3 Jul 2017

In ZDH’s view, there is no need to raise the relevant thresholds for SMEs. The current SME definition continues to cover the core areas of the skilled crafts sector in Germany very well. Raising the thresholds, on the other hand, would be disadvantageous for the skilled crafts sector due to the…

Consultation response

Invest Europe, 6 Jul 2017

Invest Europe would welcome a revision of the SME definition. We believe it should be clear that firms backed by private equity and venture capital investors do not, solely by virtue of that ownership form, fall outside the definition of an SME. 83% of companies backed by private equity and venture…

Consultation response

Verband der Chemischen Industrie e.V., 6 Jul 2017

VERBAND DER CHEMISCHEN INDUSTRIE e.V. Mainzer Landstraße 55 D-60329 Frankfurt am Main Identification number in the EU-transparency-register: 15423437054-40 Revision of the EU SME Definition Inception impact Assessment Feedback The chemical industry in Germany accounts for one fourth…

Consultation response

Verband Kommunaler Unternehmen e.V., 6 Jul 2017

The current European definition for small and medium-sized enterprises (SMEs) excludes the majority of local public utilities from its scope of application. In consequence, local public utilities are barred from taking part in a number of funding and financial schemes. They are also restricted by…

Consultation response

Bundesverband der Deutschen Volksbanken und Raiffeisenbanken, 5 Jul 2017

The National Association of German Cooperative Banks (BVR) as the umbrella association for the cooperative banking sector in Germany welcomes the evaluation of the current financial thresholds for the SME definition. According to the developments in inflation and productivity since 2003 the…

Consultation response

Independent Retail Europe (formerly UGAL - Union of Groups of Independent Retailers of Europe), 5 Jul 2017

Revision of the EU SME Definition – Comments Independent Retail Europe Independent Retail Europe welcomes the Better Regulation approach of the current Commission. However, when it comes to the SME definition it has to be carefully examined whether a considerable change proves sensible. The 2003…

Consultation response

Bpifrance, 30 Jun 2017

As a National Promotional Bank (NPB), Bpifrance performs a public mission of fostering economic development, especially by contributing to SMEs growth. Thus, it supports any initiative from the European Commission to create favorable framework conditions for SMEs. In particular, it very much…

Consultation response

European Savings and Retail Banking Group, 5 Jul 2017

ESBG brings together nearly 1000 savings and retail banks in 20 European countries that believe in a common identity for European policies. ESBG members represent one of the largest European retail banking networks and are among the leaders in SME lending in Europe with around €500 billion of SME…

Consultation response

Association européenne du cautionnement, 6 Jul 2017

The European Association of Guarantee Institutions, AECM, warmly thanks the European Commission for the possibility to provide feedback on the Inception Impact Assessment regarding the possible revision of the EU SME Definition as provided in the Recommendation 2003/361/EC. Generally speaking,…

Consultation response

CEMA - European Agricultural Machinery Industry Association, 6 Jul 2017

CEMA, the European association representing the agricultural machinery industry, welcomes the initiative to review the EU SME definition and calls on an increase of the SME definition threshold. The agricultural machinery industry is characterised by a large number of SMEs producing a variety of…

Consultation response

Verband Deutscher Bürgschaftsbanken e.V., 5 Jul 2017

In VDB’s view, there is a strong need to raise thresholds especially by reason of inflation since 2003. VDB welcomes a simple and clear definition by these three thresholds. Our members are forwarding European funding (COSME, Horizon2020 and InnovFin) to small and medium sized enterprises in…

Consultation response

Associação Portuguesa de Bancos, 5 Jul 2017

The Portuguese Banking Association (APB) welcomes the Inception Impact Assessment published by the European Commission, on 8 June 2017, regarding the Revision of the EU SME Definition. FINANCIAL THRESHOLDS The APB considers that the financial thresholds set for the metrics balance sheet…

Consultation response

European Biopharmaceutical Enterprises, 6 Jul 2017

We welcome the Commission’s initiative to review whether the EU SME definition should be adapted. Representing SMEs in the biotech and pharmaceutical sector we believe that a revision should not be limited to adapting balance sheet totals or turnover to inflation, or stop-gapping loopholes for…