Please use this identifier to cite or link to this item:
https://open.uns.ac.rs/handle/123456789/15622
DC Field | Value | Language |
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dc.contributor.author | Vukoje, Veljko | en |
dc.contributor.author | Dobrenov I. | en |
dc.date.accessioned | 2020-03-03T15:00:41Z | - |
dc.date.available | 2020-03-03T15:00:41Z | - |
dc.date.issued | 2011-05-31 | en |
dc.identifier.issn | 0139570X | en |
dc.identifier.uri | https://open.uns.ac.rs/handle/123456789/15622 | - |
dc.description.abstract | The paper analyzes the main indicators of the economic position of companies in the field of food industry in Vojvodina. The examined nine-year period coincides with the final stage of the ownership transformation in the Republic of Serbia. Given the length of the examined period, a considerable devaluation of the national currency (60.6%) and a high inflation rate (125.7%), all values are shown in Euros. The increasing business activity in the period of interest is not accompanied by the appropriate financial effects. Food industry enterprises achieved a positive financial result for most of the years in the given period, but with modest profit rates (0.15-3.18%). Net working capital covers only 42.5% in average of the base stock, indicating an unfavourable financial structure and serious liquidity problems. An unacceptably high level of indebtness has been achieved (58.1%), which significantly reduces financial results due to the high financing expense. A further increase of export, combined with the recapitalization by the owners and a partial refinancing of credits, is the way to the companies' financial recovery. | en |
dc.relation.ispartof | Agricultural Economics | en |
dc.title | Financial position of food industry in Vojvodina during the transition period | en |
dc.type | Journal/Magazine Article | en |
dc.identifier.scopus | 2-s2.0-79957548614 | en |
dc.identifier.url | https://api.elsevier.com/content/abstract/scopus_id/79957548614 | en |
dc.relation.lastpage | 195 | en |
dc.relation.firstpage | 188 | en |
dc.relation.issue | 4 | en |
dc.relation.volume | 57 | en |
item.grantfulltext | none | - |
item.fulltext | No Fulltext | - |
crisitem.author.dept | Poljoprivredni fakultet, Departman za ekonomiku poljoprivrede i sociologiju sela | - |
crisitem.author.orcid | 0000-0002-0801-9043 | - |
crisitem.author.parentorg | Poljoprivredni fakultet | - |
Appears in Collections: | POLJF Publikacije/Publications |
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