Challenges of the Knowledge Society (May 2014)

RECENT EVOLUTIONS OF SMEs IN ROMANIA

  • Vladimir-Codrin IONESCU,
  • Viorel CORNESCU

Journal volume & issue
Vol. 4, no. 1
pp. 501 – 510

Abstract

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In relation to the social middle class, SMEs play a key role in contemporary economy, while accomplishing several economic, social and technical functions. The present paper analyses the sector represented by SMEs in Romania in relation to relevant indicators like: the density of SMEs in our country and territorially, the regional distribution of SMEs employees, the number of companies that are economically active etc. In its final part, the paper makes a short and comparative analysis with the situation existing within the European Union, while focusing on the ten principles comprised in “Small Business Act” for Europe, with special reference to the “entrepreneurship” principle.

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