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Predicting the Financial Performance of the Building Sector Enterprises -- Case Study of Galati County (Romania)Abstract: This paper predicts the financial performance of the enterprises acting in thebuilding sector in Galati County (Romania). The financial performance was evaluated usingthe model Conan & Holder of assessing the risk of bankruptcy adjusted to the specificity ofthe Romanian building sector. This model was achieved using financial data of 11 enterprisesacting in this sector in the period 2001-2006 and was tested on the same enterprises for theyear 2006 with a success rate of 81.82%. Also, the model was tested on another sample of 10enterprises, using financial data of 2006, with a rate of success of 77.78%. The aim of thispaper is to predict the financial performance of all enterprises used to designing and testingthe model, on the base of financial data from the balance sheets of enterprises in the period2007-2008. The conclusions show the relevance of the adjusted model in forecasting thefinancial performance and ranking the enterprises by performance; also reflect the evolutionof the financial performance registered by the studied enterprises in the actual economicenvironment.1
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