THE ROLE OF SMEs IN THE ROMANIAN ECONOMY

1
THE ROLE OF SMEs IN THE ROMANIAN ECONOMY

• Prof. OVIDIU NICOLESCU, Ph.D.
• CNIPMMR President
• WASME Vice-President

2
Some regard private enterprise as if it were a
predatory tiger to be shot. Others look upon it
as a cow that they can milk. Only a handful see
it for what it really is - the strong horse that
pulls the whole cart" Winston Churchill
3
SMALL AND MEDIUM ENTERPRISES
LARGE COMPANIES
MULTINATIONAL COMPANIES
4
National Council of Small and Medium Sized
Private Enterprises in Romania - CNIPMMR
NATIONALLY
INTERNATIONALLY

• 98 REGIONAL AND LOCAL MEMBER ASSOCIATIONS AND
  MORE THAN 58,000 SMEs MEMBERS
• REPRESENTATIVES IN ALL TRIPARTITE BODIES AT
  NATIONAL, REGIONAL AND LOCAL LEVEL
• MAIN COMPONENTS
• SERVICES DEPARTMENT
• PROJECTS DEPARTMENT
• BRANCHES DEPARTMENT
• TECHNICAL CENTER FOR SMES
• NATIONAL INSTITUTE FOR SMES
• ORGANISER OF MAJOR YEARLY EVENTS
• NATIONAL TOP OF PRIVATE COMPANIES
• NATIONAL FORUM FOR SMES
• ENTREPRENEURS DAY
• PUBLICATIONS
• SMES BUSINESS REVIEW (monthly)
• WHITE CHARTER OF ROMANIAN SMES

• MEMBER IN
• WASME (WORLD ASSOCIATION FOR SMALL AND MEDIUM
  ENTERPRISES)
• UEAPME (UNION EUROPEENNE DE LARTISANAT ET DES
  PETITES ET MOYENNES ENTREPRISES)
• ECSB (EUROPEAN COUNCIL OF SMALL BUSINESS)
• BALKAN BUREAU OF MIDDLE CLASS
• ADECE (ASSOCIATION FOR ECONOMIC DEVELOPMENT IN
  EUROPE)
• SPECIAL AGREEMENTS WITH PARTNERS FROM
• ITALY
• GERMANY
• ISRAEL
• INDIA
• CHINA
• CROATIA
• ORGANISER OF
• WASME 2005 WORLD SME CONVENTION, IN BUCHAREST,
  MAY 2005

5
NATIONAL COVERAGE
6
ROMANIAN FIRMS STRUCTURE BY SIZE
7
SMES STRUCTURE BY ECONOMIC BRANCH
8
EVOLUTION OF SMEs WHICH REGISTERED THEIR BALANCE
SHEET
9
SMEs DENSITY PER 1000 INHABITANTS
10
THE IMPORTANCE OF SMEs IN THE ROMANIAN ECONOMY
11
BUSINESS OPPORTUNITIES ACCESSIBLE TO ROMANIAN SMEs
12
MAJOR DIFFICULTIES FACED BY ROMANIAN SMEs
13
INNOVATION IN ROMANIAN SMEs
14
ASSESSMENT OF BUSINESS ENVIRONMENT BY ROMANIAN
ENTREPRENEURS
15
ROMANIAN ENTREPRENEURS OPINIONS REGARDING THE
EU INTEGRATION
16
HOW WELL DO THE ROMANIAN ENTREPRENEURS KNOW THE
EUROPEAN LEGISLATION
17
PRIORITIES FOR SME SECTOR DEVELOPMENT

• TAX REDUCTION (ESPECIALLY SOCIAL CONTRIBUTION
  one of the highest in Europe)
• MODIFY AND APPLY THE LAW ON CONTRACTS ACCORDING
  TO THE PRACTICE IN THE UE
• REVIEW LABOR CODE IN ORDER TO ELIMINATE THE
  CURRENT ASYMMETRY CONSISTING OF TOO MANY RIGHTS
  FOR THE EMPLOYEES AND EXCESSIVE LIABILITIES AND
  RESTRICTIONS FOR EMPLOYERS
• ACHIEVEMENT OF A SPECIAL PROGRAMME OF
  INFORMATION, ASSISTANCE AND TRAINING FOR SME IN
  VIEW OF THE UPCOMING EU INTEGRATION OVER
  2005-2007 (WITH SME REPRESENTATIVES
  PARTICIPATION)
• ELABORATE REGIONAL PLANS TO INCLUDE BUSINESS
  OPPORTUNITIES FOR SMES AND WAYS TO IMPLEMENT THEM
• CORRUPTION REDUCTION
• REDUCTION OF BUREAUCRACY BURDEN