THE IMPORTANCE OF SME’S IN ROMANIA, IN THE CONTEXT OF THE GLOBAL CRISIS
THE IMPORTANCE OF SME’S IN ROMANIA, IN THE CONTEXT OF THE GLOBAL CRISIS
Author(s): Aura Emanuela Domil, Alin Emanuel Artene, Adela-Suzana Colţa, Lucian Ioan SabăuSubject(s): Economy
Published by: Editura Eurostampa
Keywords: SME; entrepreneurs; economic crisis; problems; solutions
Summary/Abstract: In Romania as well as in other EU countries SME’s are approximately 90 per cent of all the enterprises and they represent the main drivers in obtaining employment and GDP. A SME has the ability to react in a more flexible mode on markets which are competitive and strong and to adapt rapidly to the structural changes of the global economy. In this paper we present some problems that SME’s in Romania are facing and the mode in witch entrepreneurs are passing this crisis.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVII/2011
- Issue No: 17
- Page Range: 460-463
- Page Count: 4
- Language: English