Venue

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The International Workshop “Modelling the economic and financial performance of SMEs in the context of local and regional sustainable development” will be hosted by “Danubius” University of Galati, Romania.

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Town in eastern Romania, Galati county seat and Danube port, it was first attested in 1445 (in an official document signed by Prince Stefan Voda) but the existence of this city dates long back before this year, the city Galati having an important role in regional trade by 1484. Since the 18th century, Galati has become the largest trading port of the lower Danube region. The city was awarded the regime of “Porto Franco” by Prince Mihail Sturdza, between 1837 – 1883 and hosted the European Commission headquarters of the Danube since 1856 until 1939. The population of Galati numbers about 327,975 inhabitants (an 1997 estimate).

The town of Galati, located on the left bank of the Danube, 80 km from the Danube Delta, is one of the largest junctions in the Romanian commercial transport, connected to the main European transport routes: river route, i.e.  Rhine – Main – Danube linking North Sea to the Black Sea, rail route, with ensuring the transfer between the railways of Europe and former Soviet countries, and makes road connections with European countries through a dense network of county, national and European roads.