Challenges to the Management of Fixed Assets in the Enterprise  Cover Image

Предизвикателствата пред системата за управление на дълготрайните материални активи в предприятието
Challenges to the Management of Fixed Assets in the Enterprise

Author(s): Aneta Deneva, Tsanko Spasovski
Subject(s): Economy
Published by: Стопанска академия »Д. А. Ценов«
Keywords: asset; asset management; enterprise; pharmaceutical sector

Summary/Abstract: Enterprises of different industrial production sectors have realized a long time ago necessity of asset management. Even more these management activities have become irreversible firm strategy’s attribute for increasing potential and finance security of the economic units. Their practice in a few big industrial enterprises result in decreasing operative expenditure in 20-40 % and increasing the capacity of production with 5-10 % without necessity of additional capital investment. The choice of one or another asset management system is determined by the character and dynamic of the industrial sector, market environment and the existing law restricts. The Enterprises from section 21.1 “Production of pharmaceutical drugs” have established place in the overall structure of our industrial production. Over the last decade companies from the sub-sector suffered a number of transformations associated with a change of form of ownership and renovation of production facilities. With the advent of powerful international companies like “GlaxoSmithKline” and “Actavis” opportunities were created for the actual construction of systems for asset management.

  • Issue Year: 2010
  • Issue No: 06
  • Page Range: 63-77
  • Page Count: 15
  • Language: Bulgarian