TITLE

PREDICTION OF THE FINANCIAL SITUATION DEVELOPMENT OF MINING FIRM IN CONDITIONS OF SLOVAK REPUBLIC

AUTHOR(S)
ČULKOVÁ, Katarina; WEISS, Erik; MIXTAJ, Ladislav
PUB. DATE
May 2013
SOURCE
Metalurgia International;May2013, Vol. 18 Issue 5, p252
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Negative impacts of the economic crisis on the economy of companies did not avoid Slovak mining industry. Due to the detecting and quantising of main factors, affecting financial performance of the company after negative impact of the economic crisis a financial analysis of specific conditions in mining firm, producing crushed stone, has been carried out. Results of analysis determined negative development of financial and executive business situation of the firm in the future. Consequently there were proposed recommendations with possible costs cut down with aim to achieve savings and improve indicators of business activity. According to the current need to improve financial stability and viability of the company a way of financial management business in the future has been designed, which should contribute to objectification, acceleration and simplification of the decision process.
ACCESSION #
86444128

 

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