ANALYSIS REGARDING THE DYNAMICS OF SMEs IN ROMANIA AND EUROPEAN UNION

Paul Marian Ruge () and Olimpia Ban ()
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Paul Marian Ruge: University of Oradea, Doctoral School of Economic Sciences, Romania
Olimpia Ban: University of Oradea, Faculty of Economic Sciences, Romania

Annals of Faculty of Economics, 2023, vol. 32, issue 1, 250-258

Abstract: SMEs are a concluding and relevant part of Europe’s economy. A comparison between the dynamic of the added value, employment and number of enterprises is followed from 2018 to 2022 in Europe and Romania. This period had its ups and downs with the most notable ones being the Covid-19 pandemic and more recently the Russian invasion against Ukraine, both of which left some deep marks in the economy. Also, SMEs are being contrasted by large enterprises in order to obtain an image of their impact in economy. The food and accommodation sector is briefly debated because of the susceptibility that it may have been one the most affected sector at least in terms of the pandemic influence. Some of the measures taken for supporting the travel and tourism sector in Romania are also briefly debated.

Keywords: added value; employment; SMEs; Romania; European Union. (search for similar items in EconPapers)
JEL-codes: E24 L83 M10 Z30 (search for similar items in EconPapers)
Date: 2023
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