The Size of Farms in the European Union - a Challenge to their Management.

Performance management at farm level requires identifying all aspects likely to alter favorably their financial results and avoiding risk factors that lead to natural and anthropogenic financial loss. Farm size is a factor directly determines the possibilities of growth and development of these entities, choosing an optimum size is a prime goal of management. In the European Union differences in economic development of Member States are found to influence both in size and in economic size of farms in each Member State. In Romania the issue size of farms is vital for overall development of agriculture, due to excessive fragmentation of agricultural land since 1989. Also, organic farming introduces new paradigms of development of agricultural exploitations in the developed countries of the European Union becoming certainty agriculture sustainable development principles. [ABSTRACT FROM AUTHOR]