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The Chance Of Sme’S In Today’S Market

Author

Listed:
  • MIHAELA-GEORGIA SIMA

    (Camera de Comert si Industrie a Municipiului Bucuresti, Romania)

  • SIMONA-CLARA BARSAN

    (Institutul de cercetari pentru instrumentatie analitica Cluj-Napoca, Romania)

  • ANCUTA-MARIA PUSCAS

    (Institutul de cercetari pentru instrumentatie analitica Cluj-Napoca, Romania)

Abstract

Once Romania entered the European Union the standards of the market and its demands increased in such a way that the Romanian SME’s had to adjust in order to survive. Their financial efforts were considerable high and the expected results came only for a few of them. One of the main causes was the unfit adjustment to the real cash flow of the market. Some of them made it through and even expended, proving to the European world and economy that Romanian companies are competitive and worth taking into consideration. Some of them died. In today’s conditions, the situation tends to get worse. Due to the extended crises, few SME’S are expected to maintain position, and fewer to survive. As optimistic as we all may be, without proper access to European and internal founding programs to sustain them, the lack of money will bend their evolution and further more the entire economic growth.

Suggested Citation

  • Mihaela-Georgia Sima & Simona-Clara Barsan & Ancuta-Maria Puscas, 2009. "The Chance Of Sme’S In Today’S Market," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    • Handle: RePEc:bbn:journl:2009_4_11_sima
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    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/2009_4_11_Sima.pdf
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    More about this item

    Keywords

    SME’s; competitiveness; European market; money; founding programs;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A10 - General Economics and Teaching - - General Economics - - - General

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