Abstract:

 The merging of companies is becoming a new way of acquiring a competition advantage on the international market. Small and medium enterprises (SMEs) are generators of economic development in every market economy. Management in small and medium companies is somehow specific because of the fact that SMEs conduct their business activities in a state of resource deficiency. The managing of small and medium companies is often done in conditions of limited resources. One of the ways of overcoming this problem is getting businessmen to perform more successfully on the market. Clusters present an important element in the process of competition enhancement, productivity and the development of small and medium companies. This is especially important for countries in transition, whose companies may become competitive on a global scale, if only they can become a part of it. It especially refers to textile industry companies which have had problems with competitive ability on the domestic market for many years.