Stiri	Stiri afaceri	Stiri companii	Evenimente de afaceri

Only 13% of Romanian SMEs have 3-5 year business plan

Although the SMEs account for 90 percent of the companies in Romania, only 13 percent of them have a 3-5 year business plan, said Aurel Saramet, president of the National Fund for Guaranteeing Loans to SMEs (FNGCIMM), on Wednesday.

The power of the small and medium-sized enterprises in Romania is inferior to the one of these companies in Europe. Thus, the SMEs in Romania only create 42 percent of the added value produced nationwide as compared to 58 percent in the other EU member states, said the FNGCIMM president.

Whereas the share of the SMEs that get financing through the agency of commercial banks is 60-70 percent in the EU, their number in Romania is only 15 percent of the total.

'If the number of the SMEs having access to bank loans grew twice, the capability of these enterprises to create added value might grow twice too,' the FNGCIMM said.

Aurel Saramet also emphasized that the SMEs did not make enough effort to develop either, considering the fact that it was only 24 percent of them that resorted to foreign consultancy.

One of the obstacles hindering the SMEs being financed by banks is the fact that, in Romania, commercial banks do not use the same criteria when defining an SME.

'For reasons of risk assessment some banks consider as an SME a company posting a turnover amounting to one million euros, others, two or even four million euros, so that a company trying to get a loan can find that one bank [regards it as] an SME, and another one does not,' added Aurel Saramet.

There is also another big problem in point of the power of the SMEs, namely the fact that, out of the total number of SMEs working in Romania, it is only 16,500 that have a turnover amounting to more than 1.2 million euros.

Sursa: http://www.agerpres.ro

Tags: romania percent

Articole similare