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Assessment of the Impact of COVID-19 Pandemic on the Romanian Transportation and Storage Sector

Hurduzeu Gheorghe (), Lupu Radu (), Cioc Mihai () and Ciora Costin ()
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Hurduzeu Gheorghe: Bucharest University of Economic Studies
Lupu Radu: Bucharest University of Economic Studies
Cioc Mihai: Bucharest University of Economic Studies
Ciora Costin: Bucharest University of Economic Studies

A chapter in Economic Recovery After COVID-19, 2021, pp 235-250 from Springer

Abstract: Abstract This chapter is a synthesis of the research results obtained by the group of authors in the institutional project Restart Economia, developed by the Bucharest University of Economic Studies, having as beneficiary the Government of Romania, in May–August 2020, for the transportation and storage sector. The outcome of the study is a set of conclusions and suggestions consolidated at the level of the analysed industry in order to combat the effects of the COVID-19 crisis. The main recommendations of the research team are mainly considering to optimize public policies by aligning strategic documents to the requirements of business environment in the transportation and storage sector, and by updating the criteria for allocating non-reimbursable funds available under financing programmes in a manner that ensures the non-discriminatory access of companies from this sector to non-reimbursable funds, intended for the development of their own infrastructure. Our proposals aim at increasing the volume of investments by accessing investment grants, increasing the level of digitization, continuous staff development or building clusters of activity.

Keywords: Transportation and storage; Land transport; Water transport; Rail transport; Air transport; Postal and courier activities (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-86641-9_12

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DOI: 10.1007/978-3-030-86641-9_12

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