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Firm Level Restructuring in the Slovenian Food Industry

Author

Listed:
  • Emil Erjavec
  • Matthew Gorton
  • Ales Kuhar
  • Vesna Valant

Abstract

During the 1990s Slovenia has moved toward a more market-based economy with a greater role for the private sector in asset ownership, production and price determination. The Slovenian food industry comprises a small number of producers operating in a comparatively modest market. Primary and secondary data analysis indicates that firms are largely oriented to a domestic market that is significantly protected. This has augmented profitability in the sector, albeit with substantial variations between branches. Profit levels (measured as cash flow as a percentage of turnover) are relatively high. If Slovenia joins the EU, food manufacturers operating in an enlarged European Single Market will not be afforded the degree of protection they currently receive and this heralds a substantial challenge to enterprise managers.

Suggested Citation

  • Emil Erjavec & Matthew Gorton & Ales Kuhar & Vesna Valant, 1999. "Firm Level Restructuring in the Slovenian Food Industry," Post-Communist Economies, Taylor & Francis Journals, vol. 11(4), pages 519-539.
    • Handle: RePEc:taf:pocoec:v:11:y:1999:i:4:p:519-539
    DOI: 10.1080/14631379995878
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    References listed on IDEAS

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    1. Viaene, Jacques & Gellynck, Xavier, 1995. "Structure, Conduct and Performance of the European Food Sector," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 22(3), pages 282-295.
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    Cited by:

    1. Elissaveta Zaharieva & Matthew Gorton & John Lingard, 2004. "An evaluation of marketing practices and market orientation in the Bulgarian wine industry," Post-Communist Economies, Taylor & Francis Journals, vol. 16(2), pages 229-243.
    2. Marc Duponcel, 1998. "Restructuring of food industries in the five Central and Eastern European front-runners towards EU membership (CEEC-5). A comparative review," CERT Discussion Papers 9806, Centre for Economic Reform and Transformation, Heriot Watt University.

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