STRATEGIC ALLIANCES IN THE CONSTRUCTION SECTOR FROM ROMANIA

Cezar Simion-Melinte

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2012, vol. 6, issue 1, 137-144

Abstract: Strategic alliances in the construction sector in Romania have taken so far following forms: strategic alliances between foreign companies on the Romanian market; strategic alliances between Romanian and foreign companies, strategic alliances between Romanian companies, strategic alliances between public authorities and foreign or Romanian companies. Formation and performance of strategic alliances in the construction sector in Romania is influenced by the following factors: extent to which the alliance partners adhere to common goals, project execution experience in partnerships, joint project teams quality, trust between partners, risk allocation, equity, how to settle disputes. The most important effects of strategic alliance formation for the construction sector in Romania are: reduction of project costs, increased participation of Romanian companies to contract award procedures for execution of works, the superior competitive position of strategic alliances formed by foreign construction companies in relation to strategic alliances formed by the Romanian companies and the chance to internationalize activities for Romanian companies. Keywords : alliance ,construction, sector, strategic.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:6:y:2012:i:1:p:137-144

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