The Economic Crisis Lessons from Europe. Enterprise Size Class Analyses of Transportation Companies of the Baltic Countries Before and After the Economic Crisis
Dr. Lembo Tanning, MSc. Toivo Tanning

The objective of this article is to analyse the indicators of transportation companies by enterprise size class in the Baltic States (Estonia, Latvia and Lithuania), or of new European Union (EU) states before and after the economic crisis, and to compare them on the EU level. We will look at how the economic crisis has affected transportation companies of various sizes and the number of persons employed. We will analyse changes to the size classes of companies. These companies will be compared to other EU states, incl. the Central and Eastern Europe (CEE) countries. The emphasis is on the work efficiency of small and medium sized enterprises (SME) during the economic crisis. We will attempt to answer the following question: what size class did the companies that worked most efficiently belong to, especially in the conditions of the economic crisis, and what is the optimal size for transportation companies? What are the lessons learned from the economic crisis? Based on this and previous publications, we will offer a number of generalized recommendations.

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