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At present an economic management of any administrative region (territory with fixed legal boundaries) is impossible without modern technologies of spatial analysis. Administrators of power structures use every opportunity to ensure that the management of the region is based on the automated processing of spatial data and particularly on remote sensing data. First of all, the possibilities of Geographical Information Systems (GIS) are used such as data collection and systematization, automated analysis, compilatio...

Today in Ukraine, the issue of organization of recreation becomes a priority issue not only in the physiological-psychological aspect, but also as a socially-organized function of people's lives. It provides an opportunity for an integrated combination of recreation, tourism and excursions, in order to promote the development of tourist excursions. Natural, cultural-historical and socio-economic resources of the region, as well as the presence of territories and objects of the nature reserve fund are important fac...

The researches were performed in Orsova region, located at a distance of about 25 km far from Drobeta Turnu Severin (Mehedinti County). The point of attraction of the studied area is the Danube River. In Orsova area tourism is performed through the capitalization of the natural environment and of the accommodation supply, of the services offered by hotels and farms managers and the objective of this activity is to achieve incomes. In the ellaboration of this paper, our objective was to present the touristic potent...

The study proposes to promote ecotourism and to highlight its importance for the economic development of the studied area. Caras Severin County attract a lot of tourists due to the high number of touristic objectives, but mainly due to Bigar waterfall which was nominated as the most beautiful waterfall in the world. Due to the high number of tourists, the natural landscapes are damaged, therefore the purpose of this study is to acknowledge the value of nature, so that the tourists and the managers of the touristic...

Financial health of companies is a topic that has been historically studied under various conditions. However, the current economy is a living organism and, the conditions affecting the financial health of companies are changing dynamically. There are many ways how to evaluate the financial health of a company. In addition to the use of the ratio indicators, complex models using one numeric indicator expressing the financial health of the company can be applied. These include, for example, bankruptcy and credibili...

Nowadays, in the post-industrial economy, organizations compete between each other not only of producing goods but also of skills and ability to create, update, and use organizational knowledge and intellectual resources effectively, implementing them in the goods and services. Knowledge, skills and abilities, which provide a competitive advantage of the organization's staff, and also to the whole company. Methodological basis of the study is methods of system analysis, comparisons and analogies, logical-semantic ...

The current market conditions prevent the full competitiveness of alternative fuels as renewable energy sources (RES) and require dedicated support for the producers of energy. Since the adoption of the 2009/28/EC Directive several RES bills in Poland have appeared. Latest bill assume a quite surprising abandonment of certificate of origin as the primary support instrument in favour of an auctioning system. The paper aims to assess the competitiveness and capability of development of individual RES technologies in...

In the present situation and at the high level of scientific and technological advancement, project management should take into account the environmental dimension. The Russian real estate market, in terms of innovative economic development, has certain specific features. As the environmental situation is deteriorating, the real estate market in Russia obviously needs innovative development in compliance with environmental standards. Environmental development is a trend that is only in its infancy in Russia, and h...

Today, housing accessibility is low in Russia. This situation is rooted in the following causes: 1. Most Russians are not able to save up for housing. High interest rates on mortgage loans limit the use of mortgage as a tool to finance consumer demand in the housing market. 2. Existing conditions of mortgage programs and high security of the asset, such as real estate, from the market uncertainty lead to increased investment demand, which brings about the continued positive dynamics in housing prices. The authors ...

The paper deals with measurement of financial performance of the company, which is conditioned with market and macroeconomic changes. We used financial risk measure Earning-at-Risk that can be applied to non-financial enterprises and it is similarly to Cash-flow-at-Risk method. The methodology of study is based on measurement of dependence between financial performance and market and macroeconomic risk factors. This relation is quantified using multiple regression models. We emphasize respect for assumptions of th...

The globalization processes, that are taking place worldwide, blur the competition boundaries between nations and affect Russia's competitiveness. In recent years, the competitiveness of the Russian Federation has been limited. For instance, the Global Competitiveness Index, calculated by experts at the World Economic Forum, shows slightly better competitiveness of the Russian economy. In 2013-2014, its 64th place is not very prestigious, although compared with the last year, Russia has climbed from the 67th posit...