The economic impact of Huawei in Romania
In this study commissioned by Huawei, we see how it contributes to the Romanian economy through its operations and international supply chains. We find that the company contributed €219 million to Romania’s GDP in 2018, sustained over 6,300 jobs and supported the generation of €83 million tax revenues.
This study seeks to quantify the company’s “total economic impact” throughout Romania, through both its operations and the “knock-on effects” of demand for European products in the supply chains of Huawei’s domestic and global operations.
By using our Global Impact Model to trace the company’s international supply chains, we find, that in 2018, Huawei made a €219 million contribution to Romania’s GDP, sustained over 6,300 jobs and supported the generation of €83 million in tax revenues.
Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
EMEA
Sam Moore
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Hamilton Galloway
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Christie Tang
+852 3974 8841
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