what is a NACE code
The NACE code is subdivided in a hierarchical, four-level structure.The categories at the highest level are called sections. The first two digits of the code identify the division, the third digit identifies the group, and the fourth digit identifies the class.Section.n 2002, a minor update of NACE Rev. 1, called NACE Rev. 1.1, was established. NACE Rev. 1.1 introduced a few additional items and changes to some titles. The Regulation establishing NACE Rev. 2 was adopted in December 2006, and its text is presented in Annex II.