THE CHANCE OF SME’S IN TODAY’S MARKET

Mihaela-Georgia Sima (), Simona-Clara Barsan () and Ancuta-Maria Puscas ()
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Mihaela-Georgia Sima: Camera de Comert si Industrie a Municipiului Bucuresti, Romania
Simona-Clara Barsan: Institutul de cercetari pentru instrumentatie analitica Cluj-Napoca, Romania
Ancuta-Maria Puscas: Institutul de cercetari pentru instrumentatie analitica Cluj-Napoca, Romania

JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, 2009

Abstract: Once Romania entered the European Union the standards of the market and its demands increased in such a way that the Romanian SME’s had to adjust in order to survive. Their financial efforts were considerable high and the expected results came only for a few of them. One of the main causes was the unfit adjustment to the real cash flow of the market. Some of them made it through and even expended, proving to the European world and economy that Romanian companies are competitive and worth taking into consideration. Some of them died. In today’s conditions, the situation tends to get worse. Due to the extended crises, few SME’S are expected to maintain position, and fewer to survive. As optimistic as we all may be, without proper access to European and internal founding programs to sustain them, the lack of money will bend their evolution and further more the entire economic growth.

Keywords: SME’s; competitiveness; European market; money; founding programs (search for similar items in EconPapers)
JEL-codes: A1 A10 (search for similar items in EconPapers)
Date: 2009
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http://tbs.ubbcluj.ro/RePEc/bbn/journl/2009_4_11_Sima.pdf Revised version, 2009 (application/pdf)

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