What does large company mean?
Large company is a CRMA threshold term. It helps identify which undertakings may fall into specific critical-raw-material supply-chain, risk-preparedness, governance, or reporting contexts, but it should not be treated as a general EU company-size definition for every sustainability or product law.
Source context
The EU Critical Raw Materials Act defines large company in Article 2, point 29. The threshold combines employee count and net worldwide turnover, so both parts of the definition matter when mapping CRMA applicability.
Official definitions by source
EU Critical Raw Materials Act
Regulation (EU) 2024/1252 establishing a framework for ensuring a secure and sustainable supply of critical raw materials
a company with more than 500 employees on average and a net worldwide turnover of more than EUR 150 million in the most recent financial year for which annual financial statements have been prepared
CRMA Article 2 source-specific definition layer.
Reference: Article 2, point 29
View official source
Practical application
Implementation records should capture the company identifier, average employee count, net worldwide turnover, financial-year reference, annual-financial-statement source, threshold decision, and CRMA context where the size filter is used.
Minespider commentary
Large company is a CRMA applicability-threshold control: the evidence consequence is that corporate identity and financial-year evidence can be connected to CRMA scope questions without treating the label as a general EU size category or compliance status.
Common confusions
- Treating the CRMA large-company threshold as interchangeable with SME or large-undertaking definitions from other EU laws.
- Looking only at employee count and ignoring the EUR 150 million net worldwide turnover threshold.
- Assuming the label says anything by itself about supply-chain risk, conformity assessment, or compliance status.
Related regulations
Related terms