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Financing Opportunities For Companies Through European Funds

Author

Listed:
  • Suciu Gheorghe

    (Dimitrie Cantemir Christian University Braşov)

  • Barsan Pipu-Nicolae

    (Dimitrie Cantemir Christian University Braşov)

Abstract

Under the current circumstances, companies must access European funds by making some projects that lead either to the acquisition, construction or creation of jobs. To this end, they must have previous positive results, a strong financing capacity and compile a viable business plan. Financing can be ensured through own resources or loans from financial institutions, and it must be ensured until the European funds can be collected. The low absorption rate of around 10% shows that in Romania the management must make great efforts to catch up with those countries that solve many of their problems through European funds.

Suggested Citation

  • Suciu Gheorghe & Barsan Pipu-Nicolae, 2012. "Financing Opportunities For Companies Through European Funds," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 218-223, December.
    • Handle: RePEc:cbu:jrnlec:y:2012:v:4ii:p:218-223
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