Firm level restructuring in the Slovenian food industry

Citation
E. Erjavec et al., Firm level restructuring in the Slovenian food industry, POST-C ECON, 11(4), 1999, pp. 519-539
Citations number
17
Categorie Soggetti
Economics
Journal title
POST-COMMUNIST ECONOMIES
ISSN journal
14631377 → ACNP
Volume
11
Issue
4
Year of publication
1999
Pages
519 - 539
Database
ISI
SICI code
1463-1377(199912)11:4<519:FLRITS>2.0.ZU;2-5
Abstract
During rite 1990s Slovenia has moved toward a more market-based economy wit h a greater role for the private sector in asset ownership, production and price determination. The Slovenian food industry comprises a small number o f producers operating in a comparatively modest market. Primary and seconda ry darn analysis indicates that firms are largely oriented to a domestic ma rket that is significantly protected. This has augmented profitability in t he sector, albeit with substantial variations between branches. Profit leve ls (measured as cash flow as a percentage of turnover) are relatively high, If Slovenia joins the EU, food manufacturers operating in an enlarged Euro pean Single Marker will not be afforded the degree of protection they curre ntly receive and this heralds a substantial challenge to enterprise manager s.