HYPERION ECONOMIC JOURNAL

Hyperion University of Bucharest
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Romanian Industrial Sector in European Context

Keywords: European Union , Romania , industry , competitiveness

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Authors:
  • Mădălina TOCAN, PhD, Associate Professor, SR III, Affiliation: Ecological University of Bucharest, Romania, Institute for World Economy - Romanian Academy, Romania;
  • Oana CHINDRIȘ-VĂSIOIU, PhD, SR III, Affiliation: Institute for World Economy - Romanian Academy, Romania;
Pages:  105 : 112
Abstract: The Romanian industry plays an important role in the national economy and in Romania's integration into the European market. Since 1990, the Romanian industry has been affected by outdated technological infrastructure, high energy consumption, and underfunding of research and development. This article analyzes the position of the Romanian industrial sector in the European context, highlighting both the progress made and the challenges faced. It also explores the development prospects of the European and Romanian industrial sector, emphasizing the opportunities that must be overcome to ensure a resilient and sustainable industrial economy. The conclusions underline the necessity of coherent public policies and a strategy to ensure the sustainable and competitive development of the Romanian industry.
JEL classification: O14, Q01

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O14, Q01

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