Aspects regarding the dynamic of the SMEs Sector in the Romanian West development Zone, during the Economic Crisis

Authors

  • Cristina Suciu Private College Vasile GoldiÅŸ, Arad, Romania
  • Loghin Gaga Technical College of Food Industry Arad, Romania

Abstract

Regional development is a complex process that needs to sustain the development of each city from the region taking into account, modeling and developing the human activities and so, it contributes to the reduction of the economic gaps of different regions. Among the areas of interest of regional policies, since the establishment of the development regions in Romania were the development of the SMEs sector.
In the Western part of Romania, the number of SMEs has increased continuously until 2008, the beginning of the economic crisis. If in 2005, in the Western region operated around 42,000 SMEs, at the end of 2008 their number reached over 62,500, which shows a 50% increase.
During the economic crisis, by using statistical data, we will find out in the dynamic of the new SMEs a reduction of their number, in Romania. This study proposes an analysis of the SMEs sector in West Romania, during the 2008-2012 economic crisis, underlining also the importance of the anti-crisis measures initiated in October 2010.

References

Ionete, A. (2010). During the current global economic crisis, ASE Bucharest Marchiş, G. (2011). European business, Danubius Galaţi University Publishing House Nicolescu, O. (coord), White Paper on SMEs 2010 edition Roman, D. T., VREJA, L. O. (2011) Impact of financial and economic crisis on Small and Medium Enterprises (SMEs) in Romania, Association for Sustainable Development Post-Privatization Foundation, Annual report on SME sector in Romania, 2010, http://www.immromania.ro/ http://www.address.org.ro http://www.euractiv.com http://jdre.ase.ro/ http://europa.eu/index_ro.htm

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Published

2013-03-28