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Quantification Of Funding And Analysis Of The Financial Position Of Engineering Companies In The Slovak Republic

Author

Listed:
  • Sylvia Jencova

    (Prešov University in Prešov, Faculty of Management, Slovakia)

  • Eva Litavcova

    (Prešov University in Prešov, Faculty of Management, Slovakia)

  • Tadeas Litavec

    (NAFC – Soil Science and Conservation Research Institute Bratislava, Regional Workplace in Prešov, Slovakia)

Abstract

The engineering sector is the backbone of industrial production in Slovakia. In recent years this sector has experienced record lows and highs nearly simultaneously. In Slovakia, it represents a kind of mother industry. Production for automotive vehicles is the strongest branch of engineering manufacturing, followed by the production of electrical and optical equipment. In summary, there is a view that engineering businesses in Slovakia have weak capital strength and financing their development is very risky. It is therefore necessary to look for other sources of financing, which would offer these businesses a competitive edge in a market economy, while adhering to legal requirements. The aim of the authors is to determine, using mathematical and statistical methods, for funding opportunities that engineering companies in the Slovak Republic can take advantage of. This paper deals with the analysis of financial metrics for the period 2007-2013

Suggested Citation

  • Sylvia Jencova & Eva Litavcova & Tadeas Litavec, 2015. "Quantification Of Funding And Analysis Of The Financial Position Of Engineering Companies In The Slovak Republic," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 12(2), pages 79-90, DEcember.
    • Handle: RePEc:pcz:journl:v:12:y:2015:i:2:p:79-90
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    References listed on IDEAS

    as
    1. Ioan Constantin Dima & Mariana Man & Maria Nowicka-skowron & Iwona Grabara, 2011. "Econometric Patterns And Methods Used For Analysis Of Technological Innovations In Workshops And Production Departments Equipped With Flexible Manufacturing Systems," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 3(1), pages 7-31, May.
    2. Robert BUCKI & Petr SUCHÃ NEK, 2012. "Computational Modelling Of The Parallel Logistic System," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 7(1(19)/ Sp), pages 17-23.
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