Definition: Turnover from the principal activity

Structural business statistics

The part of turnover derived from the principal activity of the unit at the NACE Rev. 1 4-digit level. The principal activity of a unit is determined according to the rules laid down in the Council Regulation on statistical units No. 696/93 of 15 March 1993.

Turnover derived from the sale of goods and services which have been subject to a sub-contracting relationship are included. Turnover derived from the resale of goods and services purchased for resale in the same condition is excluded.
Source:
European Union, Commission Regulation (EC) No 2700/98 of 17 December 1998 concerning the definitions of characteristics for structural business statistics
Created:
Updated:

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