small and medium-sized enterprise definition

small and medium-sized enterprise or 'SME' means a micro, small or medium-sized enterprise within the meaning of the Annex to Commission Recommendation 2003/361/EC43;
small and medium-sized enterprise. (‘SME’) means (a) in case of financial products not conferring advantage in State aid terms, an enterprise which, according to its last annual or consolidated accounts, employs an average number of employees during the financial year of less than 250, or (b) in case of other types of financial products, a micro, small or medium-sized enterprise within the meaning of the Annex to Commission Recommendation 2003/361/EC7 or as otherwise defined in the guarantee agreement;;
small and medium-sized enterprise. (SMEs) means an enterprise as defined in the Annex of Commission Recommendation 2003/361/EC concerning the definition of micro, small and medium-sized enterprises;

More Definitions of small and medium-sized enterprise

small and medium-sized enterprise means an enterprise as defined in Article 2 of the Annex to Commission Recommendation 2003/361/EC1;
small and medium-sized enterprise means a company that has an average market capitalisation of less than EUR 200 000 000;
small and medium-sized enterprise or ‘SME’ means a company, enterprise or undertaking which, according to the last consolidated accounts, has an annual turnover not exceeding EUR 50 000 000;’
small and medium-sized enterprise. (SME), means an undertaking that fulfils the conditions laid down in the Commission Recommendation concerning the definition of micro, small and medium-sized enterprises;
small and medium-sized enterprise means an enterprise within the meaning of the definition of micro, small and medium-sized enterprises set out in the Annex to Commission Recommendation 2003/361/EC14;
small and medium-sized enterprise or 'SME' means small or medium-sized enterprise as defined in Article 2 of the Annex to Commission Recommendation 2003/361/EC1;
small and medium-sized enterprise or “SME” means a company, enterprise or undertaking which, according to its most recent consolidated accounts, has an annual turnover not exceeding EUR 50 000 000;