small and medium-sized enterprises or ‘SMEs’ means micro, small and medium-sized enterprises as defined in Article 2 of the Annex to Commission Recommendation 2003/361/EC;
small and medium-sized enterprises or ‘SMEs’ means enterprises as defined in Title I of the Annex to Commission Recommen dation 2003/361/EC of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises (1); the category of micro, small and medium-sized enterprises is made up of enter prises which employ fewer than 250 persons and which have an annual turnover not exceeding EUR 50 million, and/or an annual balance sheet total not exceeding EUR 43 million;
small and medium-sized enterprises. ('SMEs') means either
More Definitions of small and medium-sized enterprises
small and medium-sized enterprises means enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding EUR 50 million, or an annual balance sheet total not exceeding EUR 43 million;
small and medium-sized enterprises or ‘SMEs’ means undertakings fulfilling the criteria laid down in Annex I;
small and medium-sized enterprises or 'SMEs' means small and medium-sized enterprises as defined in Commission Recommendation 2003/361/EC;
small and medium-sized enterprises or ‘SMEs’ means small and medium-sized enterprises as defined in Commission Recommen dation 2003/361/EC of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises (1).
small and medium-sized enterprises means companies, which, according to their last annual or consolidated accounts, meet at least two of the following three criteria:
small and medium-sized enterprises means enterprises as defined in Annex I;
small and medium-sized enterprises or "SMEs" means companies which, according to their last annual or consolidated accounts, meet at least two of the following three criteria: an average number of employees, during the financial year, of less than 250, a total balance sheet not exceeding forty-three million euro (43,000,000) and an annual net turnover not exceeding fifty million euro (50,000,000);