Romanian Industrial SMEs Connection to the EU Economy Cover Image

Romanian Industrial SMEs Connection to the EU Economy
Romanian Industrial SMEs Connection to the EU Economy

Author(s): Alina Tudorache
Subject(s): National Economy, Business Economy / Management, International relations/trade, Economic development
Published by: EDITURA ASE
Keywords: Romanian SMEs; industry; European Union;

Summary/Abstract: Further investigations revealed a relatively modest degree of internationalization of SMEs activities in Romania in terms of the markets in which market their products. Edifying in this respect is the information in Figure. 1, which indicates that practically only one of four industrial SMEs in Romania selling to markets outside the country. Naturally, the main market is the EU, which sold one of five companies. Worrying is that for industrial SMEs in Romania, other foreign markets outside Europe there is little, exports which are less than 2% of total exports.

  • Issue Year: 10/2009
  • Issue No: S2
  • Page Range: 1246-1251
  • Page Count: 6
  • Language: English