Approach of the Financial Equilibrium in the Context of Challenges on the Romanian Energy Market
Jan 11, 2023
About this article
Published Online: Jan 11, 2023
Page range: 162 - 168
DOI: https://doi.org/10.2478/bsaft-2022-0019
Keywords
© 2017 Diana-Elena Vasiu, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
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.