HOW THE MOST PROFITABLE COMPANIES OPERATING IN ROMANIA EVOLVED IN THE PERIOD 2017-2020

Sorin-George Toma (), Catalin Gradinaru and Stefan Catana
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Sorin-George Toma: Faculty of Administration and Business, University of Bucharest, Romania
Catalin Gradinaru: Faculty of Administration and Business, University of Bucharest, Romania
Stefan Catana: Faculty of Administration and Business, University of Bucharest, Romania

Contemporary Economy Journal, 2022, vol. 7, issue 2, 33-40

Abstract: After the fall of the Berlin Wall, the former East-European communist countries made significant efforts to shift from a centrally planned economic system to a market economic system. The challenge of surpassing their economic backwardness in comparison with the Western countries imposed the design and implementation of several key processes such as privatisation or liberalisation. The objectives of the paper are to briefly define the concepts of company and profit and analyse the evolution of the most profitable companies operating in Romania in the period 2017-2020. To reach these objectives the authors used a quantitative research methodology based on secondary data research. The results of the paper show the existence of strong competition among Romanian and foreign companies for economic supremacy in terms of profit.

Keywords: company; profit; business; Romania (search for similar items in EconPapers)
JEL-codes: L29 M00 (search for similar items in EconPapers)
Date: 2022
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