FINANCIAL PERFORMANCE EVOLUTIONS OF TEXTILE SECTOR ENTERPRISES

Abstract

The complete liberalization of international trade led to important changes in financial performancesof the national enterprises. This paper has in view to present the consequences of these changes fromthe macroeconomic level to microeconomic level. Thus, indicators of the financial performance forthree enterprises at the textile sector from Galati are studied selectively. The scope of this study isboth to realize a financial performance hierarchy and to present of their evolution directions in thefuture.

Keywords

• financial performance
• textile sector
• intermediary balances
• profitability
• liquidity
• solvency