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Developments and Constraints for the Romanian Small and Medium-Sized Enterprises

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  • Florin Duma

    (Babes-Bolyai University)

Abstract

small and medium sized enterprises are important for any country, both economically and socially, being, as it is often said, 'the backbone' of the economy. The past three years were particularly difficult for SMEs in Romania and as a consequence a large number suspended their activities or closed down. This paper will try to analyse the developments and the constraints of the Romanian SME sector, over the past years and especially during the financial crisis.

Suggested Citation

  • Florin Duma, 2012. "Developments and Constraints for the Romanian Small and Medium-Sized Enterprises," Proceedings- 10th International Conference on Mangement, Enterprise and Benchmarking (MEB 2012),, Óbuda University, Keleti Faculty of Business and Management.
    • Handle: RePEc:pkk:meb012:131-142
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    File URL: http://www.kgk.uni-obuda.hu/sites/default/files/09_Duma%20Florin.pdf
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    Cited by:

    1. Florin Duma, 2018. "The financing options for the Romanian SMEs in the current economic condition," Proceedings of FIKUSZ 2017, in: Proceedings of FIKUSZ '18, pages 103-114, Óbuda University, Keleti Faculty of Business and Management.

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