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Economic Interest Group, Modern Forms of Commercial Activity Development

Author

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  • Oana-Carmen Răvaş

    (University of Petroşani, Romania)

Abstract

The legal basis for European Economic Interest Groups is EC Regulation no. 2137/85, which was published in the Official Journal of the European Communities,, "L 199 of 31 July 1985. Implementation was delayed for the Member States of the European Union; each state voted to implement laws governing certain matters relating to groupings and set rules for registering European economic interest groups (EEIG). EEIG have been created to encourage and facilitate cooperation between enterprises of distinct nationality, by providing a legal instrument supple, able to remove excessive formalism that marked the establishment of companies. In other words, European Economic Interest Group aims to facilitate economic activities of its members and the improvement or development results of these activities, but without creating profit for itself.

Suggested Citation

  • Oana-Carmen Răvaş, 2014. "Economic Interest Group, Modern Forms of Commercial Activity Development," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 14(2), pages 233-244.
    • Handle: RePEc:pet:annals:v:14:y:2014:i:2:p:233-244
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    More about this item

    Keywords

    European Economic Interest Group; commercial trade; company; labor force; management; law regulation;
    All these keywords.

    JEL classification:

    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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