Ovidius University Annals: Economic Sciences Series (Jan 2018)
The Evolution of the Largest Central and Eastern European Companies in the Period 2015-2017
Abstract
Worldwide, there is a constant pursuit to develop particular regions, either strategic or following old economic power poles. Such an environment is based on mutual aid and exchange that increases the likeliness of an economic power conglomerate to thrive, increasing general welfare. The Central and Eastern European region registered an economic boom in the last period, thus helping companies reach higher turnover levels and manage to achieve higher global competitiveness. The aim of the paper is to portray the evolution of the Central and Eastern European region’s largest companies in the period 2015-2017 by using the turnover criteria. The methodology used is quantitative and based on the research of secondary sources such as articles and reports. The findings show an improving situation in the advancement of the companies from the analyzed region.
