PERSPECTIVES FOR THE ROMANIAN FURNITURE INDUSTRY

Radu Mărginean
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Radu Mărginean: „1 Decembrie 1918” University of Alba-Iulia, Romania

SEA - Practical Application of Science, 2020, issue 23, 175-181

Abstract: Romania is a European Union member state that has an important history in the furniture industry. After the communist regime fall in Romania in 1989, the country registered chaotic development for many years. In general, the transition from communism to capitalism was very hard in Romania, and without any doubt, it was poorly implemented. In a difficult economic climate, the structural changes in all industries considerably affected the furniture industry as well. The sector has a strategic value for the Romanian industry. It is unanimously accepted in the literature that the best value added in wood processing sector is obtained in the furniture industry. In this regard, this paper will describe and analyse the sustainability of the furniture industry in the changing economic climate of the last years. Also it will underline the weaknesses and threats of the furniture sector in the European Union context, and in this regard will propose some directions in order to improve the sustainability of the furniture industry sector.

Keywords: Furniture industry; Sustainability; Romania; Wood industry (search for similar items in EconPapers)
JEL-codes: A10 E10 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2020:i:23:p:175-181

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