A Strategic Approach Of The Construction Sector In Romania

Tudor Nistorescu () and Cristina Ploscaru ()
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Tudor Nistorescu: University of Craiova, Romania
Cristina Ploscaru: University of Craiova, Romania

Annals of the University of Petrosani, Economics, 2010, vol. 10, issue 1, 193-204

Abstract: Construction, one of the major economic sector of activity in Europe, was severely affected by the actual global recession, although the impact of the crisis and the moment when it occurred varied widely between the EU Member States. In Romania, the first effects of the economic crisis in the construction sector occurred since early 2009, being visible both in physical volume of construction works and in the volume and value of investments in this sector. The crisis in the construction works had a strong impact on the entire Romanian economy. With the present research paper „A strategic approach of the construction sector in Romania” we aim to highlight the competitive advantage the companies in the field have on the national market. To this end we will use the SWOT model of strategic analysis and M. Porter’s five competitive forces model, in order to highlight the main problems faced by these companies.

Keywords: crisis; construction; strategic analysis; competitive advantage (search for similar items in EconPapers)
JEL-codes: M10 M19 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:10:y:2010:i:1:p:193-204

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