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Institutional Repository [SANDBOX]
Technical University of Crete
Technical University of Crete
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| URI: | http://purl.tuc.gr/dl/dias/4B556C90-ABDA-4DA5-97D5-D698695C49B4 | ||
| Year | 2023 | ||
| Type of Item | Diploma Work | ||
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| Bibliographic Citation | Chrysanthi Kalaitzaki, "Consequences of the pandemic on the financial performance οf the industrial business sector", Diploma Work, School of Production Engineering and Management, Technical University of Crete, Chania, Greece, 2023 https://doi.org/10.26233/heallink.tuc.97091 | ||
| Appears in Collections |
The characterisation of coronavirus as a pandemic by the world health organization pointed out the beginning of a crisis which proved to be not only medical but also social and financial .The combination of the corona virus and the emerging financial repercussions resulted in a n unprecedented recession for the society and the world of enterprise .This occurred since many countries were unprepared to confront such situations. The deterioration of the pandemic brought about serious overturning in the financial activities of the businesses disturbing the everyday life of employees ,consumers ,companies and organizations world wide. The aim of the present diplomatic work is to research the repercussions of corona virus into the branches of the Greek industry. More precisely ,through the monetary and financial analysis of the industries over every branch of activation , there was an effort to increase the reaction of every branch separately ,during the period of the pandemic with the ultimate goal of understanding the financial consequences and the assessment of their total course.Through the elaboration and analysis of the annual monetary and financial situations of the relevant enterprises and the calculation of specific indicators arose the multilevel crisis which brought about considerable and significant alterations on the Greek financial sector . The branch of industry indicates obvious repercussions from the pandemic with some industries to follow a downward course which has negative consequence on their performance , presented the biggest income reductions Despite all the negative consequence it brought about on some enterprises, it gave a boost to others and accelerated the procedures which under normal conditions would delay to take place . This resulted in industries remaining intact from the measures and mark out a positive and profitable course since they managed to counterbalance the losses and ensure a productive evolution.
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