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AN ANALYSIS OF BUSINESS PERFORMANCE IN ROMANIAN AQUACULTURE SECTOR
Abstract
The paper aims to analyze the economic performance of the Romanian aquaculture sector, the main objective is to evaluate key economic indicators in the context of environmental pressures and existing regulations, identifying opportunities and challenges for a sustainable development of the sector. To achieve the proposed objective, the research is based on an analysis of statistical data for the period 2014-2023. This includes economic indicators specific to the aquaculture sector, such as number of companies, number of employees, net profit, turnover, net profit margin, average sales per company, profit per employees, stock rotation speed, customer rotation sped, suppliers payment speed, total debts, own capital, fixed assets. In Romania, the evolution of aquaculture sector is upward, the growth is not spectacular and in several years there have been fluctuations. In 2023, 729 companies were registered whose business is aquaculture, with a total number of 1,884 employees, 90,626,727 euros in net turnover and -8,584,365 euros in net profit. The research makes a significant contribution to understanding the complex relationship between economic performance and sustainability of the Romanian aquaculture sector. In a global context where food security and environmental protection are priorities, our analysis provides an empirical perspective on the specific challenges and opportunities of a sector with significant growth potential in Romania.
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References9
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