Definition

A large enterprise is an enterprise that checks at least one of the following two conditions: has at least 5000 employees; has an annual turnover greater than 1.5 billion euros and a balance sheet total of more than 2 billion euros.

Note

This category of business is defined by implementation decree No. 2008-1354 or Article 51 of the law on modernisation of the economy, relating to the criteria which allow for the definition of the class to which a business belongs for the purposes of statistical and economical analysis.To reach this definition we need to know the value of three business variables (headcount, turnover and total balance sheet; the term ‘enterprise’ is defined in the first article of the decree, and includes ‘profiled businesses’). The definition will be gradually introduced into business statistics. As stated in article 4 of the decree, a definition which allows for a fair approximation of the category of a business can be sufficient, and should thus be included with the published data.



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