Financial performance evolutions of textile sector enterprises

Abstract

The complete liberalization of international trade led to important changes in financial performances of the national enterprises. This paper has in view to present the consequences of these changes from the macroeconomic level to microeconomic level. Thus, indicators of the financial performance for three enterprises at the textile sector from Galati are studied selectively. The scope of this study is both to realize a financial performance hierarchy and to present of their evolution directions in the future.