Developments and Constraints for the Romanian Small and Medium-Sized Enterprises
Florin Duma ()
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Florin Duma: Babes-Bolyai University
from Óbuda University, Keleti Faculty of Business and Management
small and medium sized enterprises are important for any country, both economically and socially, being, as it is often said, 'the backbone' of the economy. The past three years were particularly difficult for SMEs in Romania and as a consequence a large number suspended their activities or closed down. This paper will try to analyse the developments and the constraints of the Romanian SME sector, over the past years and especially during the financial crisis.
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Persistent link: https://EconPapers.repec.org/RePEc:pkk:meb012:131-142
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