Open AccessIncreasing the Performance of Agricultural Holdings in Romania - an Imperative for their Management
Author(s) -
David-Nicolae Crecanã,
Cornel-Dumitru CRECANĂ
Publication year - 2020
Publication title -
revista de management comparat internaţional
Language(s) - English
Resource type - Journals
eISSN - 2601-0968
pISSN - 1582-3458
DOI - 10.24818/rmci.2019.2.112
Subject(s) - romanian , agriculture , european union , business , position (finance) , agricultural economics , population , economic growth , natural resource economics , geography , economic policy , economics , finance , philosophy , linguistics , demography , archaeology , sociology
As a member state of the European Union, Romania consolidates from year to year its position in the agricultural business performance area, especially due to the increase in the share of agricultural land for organic farming. Romania's long-term development strategy necessarily involves increasing the economic performance of Romanian agriculture alongside the increase in the living standards of the rural population. This research starts from a current radiography of Romanian agriculture and aims at new ways to increase the performances of the Romanian agricultural farms in the conditions of general economic development. An adequate management of the Romanian agricultural farms is imperative, along with the effective support of the European Union offered to the Romanian agriculture. The increase in the incomes obtained from Romania's agriculture can be achieved by a new approach to the size and economic size of agricultural farms, but also by transforming them into organic farms. Sustainable development of agricultural businesses is thus a priority.