ECONOMIC ACTIVITY OF ENTERPRISES OF THE REPUBLIC OF MOLDOVA DURING THE PANDEMIC PERIOD Cover Image

ACTIVITATEA ECONOMICĂ A ÎNTREPRINDERILOR REPUBLICII MOLDOVA ÎN PERIOADA DE PANDEMIE
ECONOMIC ACTIVITY OF ENTERPRISES OF THE REPUBLIC OF MOLDOVA DURING THE PANDEMIC PERIOD

Author(s): Grigore Duhlicher
Subject(s): Business Economy / Management, Economic history, Present Times (2010 - today), Accounting - Business Administration, Socio-Economic Research
Published by: Universitatea de Studii Europene din Moldova
Keywords: economic activity; economic effects; socio-economic instability;

Summary/Abstract: The evolution of the economic activity carried out by domestic companies recently was significantly influenced by the COVID-19 pandemic, which generated an unprecedented slowdown in economic activities due to quarantine, social distancing, movement restrictions, etc. The economic effects of these phenomena are obviously reflected in the financial statements of the economic agents in the Republic of Moldova, whose activity efficiency was seriously affected. As a result, the entrepreneurs recorded economic losses, generated by the decrease in sales revenue, amplified by the increase in production costs. These challenges have forced entrepreneurs to identify solutions adapted to the socio-economic situation radically changed by this pandemic, able to minimize the negative economic effects.

  • Issue Year: 2023
  • Issue No: 02
  • Page Range: 68-71
  • Page Count: 4
  • Language: Romanian
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