Ungated Post | 18 Feb 2020

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.

Read the full report

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:

Sam Moore
+44 (0)207 803 1415

Hamilton Galloway
+1 (646) 503 3068

Christie Tang
+852 3974 8841

Related Services


Generating ROI with AI: Six capabilities that drive world-class results

Generative AI has taken the business world by storm, with large language models (LLMs)—including OpenAI’s ChatGPT—splashed across the news. And executives aren’t immune to the hype. AI is becoming an ever-larger component of IT budgets, with worldwide spending on AI-centric systems expected to hit $154 billion this year—up 27% over 2022. But will enterprises spend these resources wisely? Our research says yes—if organizations take a disciplined approach.

Find Out More


Deep Green

A global research study that details the current state of play on environmental sustainability actions and how data, technology and collaboration will drive the next phase of sustainability in business.

Find Out More


Leveraging Technology to Promote Financial Inclusion

Oxford Economics and Red Hat surveyed executives at financial institutions internationally to discover how they are using technology to expand financial inclusion while gaining business benefits.

Find Out More