FINANCIAL ANALYSIS OF THE AGRICULTURAL HOLDINGS
          VIABILITY IN ROMANIA IN THE EUROPEAN CONTEXT

                    Camelia Burja, „1 Decembrie 1918” University of Alba Iulia
                     Vasile Burja, „1 Decembrie 1918” University of Alba Iulia


ABSTRACT: The main correlations established between various elements of patrimony highlight
the existence and the productive potential dimension of the holding and its capacity to generate
economic and financial resources that will ensure its performance and competitiveness. The main
objective of the paper is to identify the qualitative differences between the structures of agricultural
production in Romania and the European Union and the causes that generate them. The method
used to achieve the aimed goal is the comparative analysis of the financial-accounting information
existent in the data base of the European Union. The results obtained after applying the methods
specific for the financial analysis will serve to characterize the patrimonial situation and the
performance of agricultural holdings in Romania and the EU. The relatively modest position of
Romanian farms illustrates the precariousness of their viability within the competitive framework of
the European agricultural market, resulted in particular from the extremely small size at which
agriculture is practiced.

Key words: financial analysis, agricultural holdings, patrimony, performance, European agriculture

JEL codes: M41, O12, O13