The Analysis of Small and Medium Enterprises in Romania
The Analysis of Small and Medium Enterprises in Romania
Author(s): Ionela Carmen RizeaSubject(s): National Economy, Business Economy / Management, Micro-Economics, Economic development
Published by: EDITURA ASE
Keywords: small and medium enterprises; economic crisis; development; European funds; competitiveness;
Summary/Abstract: In the economic structure of the country, the existing companies, small and medium-sized enterprises are absolutely essential, it’s known that they have played always a special role in economic life and social. Small and medium enterprises, along with science and technology, may be a decisive factor in turning national economy. They have already won a position well defined, especially because possibilities for adjustment, the large number of jobs provided the flexibility in technology and management, and the ability to work together with the industry giants. Last year 2008 was part of massive layoffs brought in most fields of activity in Romania's economy, coupled with reductions in production and banning investments, but especially for the beginning of 2009, the Fund drop controls on deepening economic crisis and financial world effects.
Journal: Revista de Management Comparat Internațional
- Issue Year: 10/2009
- Issue No: S1
- Page Range: 556-561
- Page Count: 6
- Language: English