The Evolution Of Constanta Port’ Activities During The Current Crisis Period

Miþac Mirela Claudia ()
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Miþac Mirela Claudia: Ovidius University of Constanta, Faculty of Economics Sciences

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 183-188

Abstract: The global financial crisis affected Romania in 2008 and one of the negative effect was the drastic reduce in volume of the international trade. The exports and the imports of goods were sea-born and river-borne from/in Romania mainly through Constanta Port (which is also a multimodal transport center for any type of cargo and a trade gateway for the Central/Eastern Europe and for the Black Sea Countries) and the financial crisis affected negatively the activity of Constanta Port. Since 2010 has been started a gradual recovery of European economy with differences between developments pace across European countries reflected into a betterment of the performance of Constanta Port. In spite of many political and economic changes that have taken place in Central and Eastern Europe area and have influenced its evolvement the traditional transport routes used by the Port of Constanta have remained unchanged, due to the competitive advantages of the port.

Keywords: Financial Crisis; international trade; export; import; transport (search for similar items in EconPapers)
JEL-codes: F10 F18 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xv:y:2015:i:1:p:183-188

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