Labor costs is the main problem for Romanian small and medium sized companies in adapting to the European Union acquis after joining the block, a study of the National Council for SMEs shows.
According to the study “100 days in Europe”, the technical regulations and standards regarding products is a problem for 31 percent of the participant companies. Some 24.11 percent of the companies have difficulties with competition rules, 23.6 percent with safety regulations, 21.9 percent with quality and safety of products, 21.73 with customer protection, 16.64 percent with environmental protection and 51.18 percent with intellectual property issues.
The study also shows that in 47 percent of the companies the acquis implementation process is ongoing while it has not started in more than 40 percent. Only 5.34 percent of the companies have succeeded in implementing the EU acquis.
Tourism companies encountered the most problems in adapting acquis regulations.
The study was conducted on a sample of 1,178 Romanian SMEs in April.
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