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Enhancing the potential of SMEs by using European funds in Romania

Author

Listed:
  • Simona MASCU

    (Tehnical University of Civil Engineering Bucharest)

  • Manuela Liliana MURESAN

    (Bucharest University of Economic Studies)

Abstract

The main objective of this article is the detailed approach of different concepts regarding the importance of small and medium enterprises in the contemporary economy in Romania, their role, place and specificity on the international markets. The analysis focuses on the current state of SMEs in Romania, both from a perspective legislative and institutional aspects and aspects of their performance situation and the need to finance SMEs in Romania through the European Structural Funds. Also, this article proposes a presentation of various reports and documents on the situation of SMEs in Romania and the European Union in recent years, with the emphasis on highlighting their importance and their contributions in the economic and social environment.

Suggested Citation

  • Simona MASCU & Manuela Liliana MURESAN, 2019. "Enhancing the potential of SMEs by using European funds in Romania," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 20(2), pages 187-197, March.
    • Handle: RePEc:rom:rmcimn:v:20:y:2019:i:2:p:187-197
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    File URL: https://www.rmci.ase.ro/no20vol2/08.pdf
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    More about this item

    Keywords

    SMEs; European funds; the enterprise; economy; Romania; European Union; business environment.;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • G2 - Financial Economics - - Financial Institutions and Services
    • H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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