Entering New Markets-a Challenge in Times of Crisis
After September 2008, the advanced economies severe decline caused demand for emerging economies' exports to drop and the crisis became truly global, much deeper and broader than expected. In these times of global depression, most countries and companies are affected, some more than others. The financial crisis has turned out to be much deeper and broader than expected. Entering new markets has always been a hazardous entrepreneurial attempt, but also a rewarding one, in the case of success. The paper aims to asses the market entry risk of a company trying to make a good acquisition, to buy shares of another company, activating in a foreign country. For this purpose, the case of Electroputere S.A., the old Romanian producer of railway equipment, has been chosen. The data were collected from the records of Bucharest Stock Exchange. After two years from the acquisition, one can draw a conclusion whether the strategy of the investor was a good one or a waste of money.
|Date of creation:||Oct 2010|
|Date of revision:|
|Publication status:||Published in Proceedings of the 3rd World Congress on the Advancement of Scholarly Research in Science, Economics, Law and Culture, New York, Addleton Academic Publishers, S.U.A. (pag.41-53) ISBN 978-1-935494-04-1, 2009, 25-29 august|
|Contact details of provider:|| Web page: http://arxiv.org/|
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