Have a personal or library account? Click to login

Approach of the Financial Equilibrium in the Context of Challenges on the Romanian Energy Market

Open Access
|Jan 2023

Abstract

In the context of the last turbulent three years, the energy industry in Romania had to face additional problems, due to the liberalization of the energy market. Despite pursuing profit as the immediate goal of a company, obtaining and maintaining the financial equilibrium becomes more and more important for the survival and the development of a company. The existence and maintenance of a positive Net Treasury over several successive years reflects the success of the company, proofing a good strategic position in relation to its competitors. Its lack is a permanent source of risks for the enterprise, of which long-term persistence can be considered a symptom of the risk of bankruptcy.

DOI: https://doi.org/10.2478/bsaft-2022-0019 | Journal eISSN: 3100-5098 | Journal ISSN: 3100-508X
Language: English
Page range: 162 - 168
Published on: Jan 11, 2023
Published by: Nicolae Balcescu Land Forces Academy
In partnership with: Paradigm Publishing Services
Publication frequency: 2 times per year

© 2023 Diana-Elena Vasiu, published by Nicolae Balcescu Land Forces Academy
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.