Improving the Export Capacity of Small and Medium Enterprises by Adapting Financing

Eugenia Grecu and Persida Cechin-Crista ()
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Persida Cechin-Crista: Dragan European University, Lugoj, Romania

EuroEconomica, 2011, issue 5(30), 59-64

Abstract: Our country has a relatively limited basis of exporting companies; among these, SMEs have a low percentage as compared to other EU countries. Romania has economic sectors with high potential for export, such as tourism, spa services, ecological farms, wine industry. Out of this point of view, it is important for the potential exporter to become a real and active one. Unfortunately, the banking sector is not adequately addressing the financing needs of existing exporters, not to mention the needs of aspiring and potential ones. This is a counterproductive situation, not favourable and encouraging for the development of SMEs and for the export activity.

Keywords: constraints; costs; financing; funds; export (search for similar items in EconPapers)
Date: 2011
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