Preparation for the NACE Rev.2.1 Implementation in Business Registers - 2022-LT-NACE

Programme(s): Single Market Programme (SMP)

Topic(s): SMP-ESS-2022-NACE-IBA-H1-5994

Type of action: SMP European Statistics

Project ID: 101136152

Objective: SDA sees the importance to start preparing and organising the implementation of the new classification NACE Rev. 2.1. in all the relevant methodological, organisational and technical aspects in advance. The first step, is to prepare for the reclassification of statistical units in the business register. SBR is the backbone for business statistics, it provides the core infrastructure to support collection of the data and production of business statistics. The project scope would be to prepare a reclassification plan for each Statistical Unit in SBR, also we are willing to use only administrative data, big data information, and Use web data to derive the economic activity of businesses, by application of Machine Learning (ML) techniques.