ISSN 2284-7995, ISSN Online 2285-3952


Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 16 ISSUE 2
Written by Emilia DAN, Cristina Maria GHIȚĂ (HAQUE), Ion DONA

Both in Europe and Romania, small and medium enterprises (SMEs) are predominant in both the total number of enterprises and in terms of number of employees. According to European Commission, in Romania, SMEs account for 99.9% of total number of enterprises, provide employment of 67.2% of total employment in the private sector and generate 49.6% of gross value added. Therefore SMEs directly affect employment and economic growth in the area. It is widely recognized that the role of SMEs in the national and regional economy is very important because they contributes in a large proportion to the achievement of the country's gross domestic product (GDP) and provide jobs for a large number of people. Therefore the economic recovery largely depends on the improvement of SMEs’ performance. In Romanian rural areas, entrepreneurship still encounters a large number of vulnerabilities and there is an important need to create the means for the rural entrepreneurs to have access to finance, professional advices and support and to benefit from a better and modernized infrastructure. In this research, our main purpose was to investigate and analyse the role played by the rural SMEs as an important factor that can generate and increase the development of the Romanian rural areas. On this path, we are going to analyse the premises and challenges of the entrepreneurship in rural areas and the importance of this manifestation for local and national economy.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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