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Waste management, also known as waste management, refers to education on waste collection, transport, treatment, recycling and storage. Usually, the term refers to materials resulting from human activities and reducing their effect on human health, the environment, or the appearance of a habitat. Waste management also aims to save natural resources by reusing recoverable parts. Managed waste can be both solid and liquid or gaseous, as well as with various properties, requiring treatment methods specific to each. In Romania, the waste management activity is based on Law 211/2011, which implements a series of Council of Europe directives. The coordination of this activity is the responsibility of the Ministry of Environment and the National Agency for Environmental Protection (ANPM). From an economic point of view, the waste management activity in Romania has a share of EUR 10 billion. [ABSTRACT FROM AUTHOR]

This study carried out an analysis of the main characteristics and the dynamics of public debt in Hungary and Romania, the approach, the structure and how public debt is funded. Although, in the immediate vicinity, the two economies are in different situations; their efforts to manage public debt give questionable results. The Hungarian state compared to similarly developed countries is highly indebted, which implies considerable risks and make unfolding fragile the economic recovery. Hungary's public debt is much higher than Romania's, being in the danger zone during lately. Over the past twenty years, the roles of the loans were taken over government bonds in Hungarian public debt. The financing of domestic public debt is one of the most important and perhaps most prominent in recent years, the pillars of the government debt management strategy has become both in Hungary and internationally. At the same time Romania has the fifth lowest debt among EU countries. Once the size of public debt, the econometric models shows that the critical threshold for Romania is between 40 and 45 percent of GDP. The current level of debt is below the critical threshold, but not far from it - so caution is required. [ABSTRACT FROM AUTHOR]

In this article the author aims to analyze the opportunities and limits of Romanian clusters between unexploited opportunities and obstacles they encounter. The phenomenon known as clusters boomed lately, but it still faces issues among the distinct characteristics of the economies of EU countries. Romania has supported clustering phenomenon by creating the legal framework and effective involvement of state institutions. Although there are positive results, the reality differs from other more developed European economies. Existing cluster development opportunities are not exploited, being hampered by the limits of their specific results of our economy and the current economic and geopolitical context. [ABSTRACT FROM AUTHOR]

In Romania more than 99% of all enterprises are micro, small and medium-sized enterprises. Since 2008 the SMEs in Romania have been confronted with difficulties. The world crisis began to show its effects in Romania in October 2008. These effects became perceptible first to the companies. The crisis forced every trader to take fast, real action to solve the problem. According to INS data, in the new year about 10% of companies founded went bankrupt, and about 38-40% of them were not worth keeping in the sixth year. Widespread opinion is that the domestic SME sector lacks emphasis on the financial planning. A small investment of time and capital will bring benefits many times over, and so if the financial processes are managed properly, good results will not be slow to appear. Financial planning formulates ways and methods by which the company's financial goals can be achieved. [ABSTRACT FROM AUTHOR]