COST-BENEFIT ANALYSIS: BASIC TOOL IN MAKING DECISIONS RELATED TO INVESTMENT PROJECTS

Abstract: The scientific approach aims to address the value of cost-benefit analysis of an investment project, namely environmental equipment and machinery to reduce the “environmental footprint” of the company. The approach was made in view of the opportunity for SMEs to access non-reimbursable external financing provided by the EU, under the conditions of ensuring their own co-financing/ contribution from borrowed sources. Through this analysis, the hypothesis was validated according to which the need for financing of SMEs and especially of grants, demonstrates the reactivity of the public administration to their needs. Keywords: cost-benefit analysis, tangible fixed assets, SMEs, non-reimbursable financing, investments JEL Classification: M41, G3