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Perspectives For The Romanian Furniture Industry

Author

Listed:
  • Radu MĂRGINEAN

    („1 Decembrie 1918” University of Alba-Iulia, Romania)

Abstract

Romania is a European Union member state that has an important history in the furniture industry. After the communist regime fall in Romania in 1989, the country registered chaotic development for many years. In general, the transition from communism to capitalism was very hard in Romania, and without any doubt, it was poorly implemented. In a difficult economic climate, the structural changes in all industries considerably affected the furniture industry as well. The sector has a strategic value for the Romanian industry. It is unanimously accepted in the literature that the best value added in wood processing sector is obtained in the furniture industry. In this regard, this paper will describe and analyse the sustainability of the furniture industry in the changing economic climate of the last years. Also it will underline the weaknesses and threats of the furniture sector in the European Union context, and in this regard will propose some directions in order to improve the sustainability of the furniture industry sector.

Suggested Citation

  • Radu MĂRGINEAN, 2020. "Perspectives For The Romanian Furniture Industry," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 23, pages 175-181, August.
    • Handle: RePEc:cmj:seapas:y:2020:i:23:p:175-181
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    References listed on IDEAS

    as
    1. Florentina Constantin & Giovanna Giusti & Giuseppe Tattara, 2010. "Strategies of Italian Firms in Romania: Evidence from Selected Case Studies," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 16(4), pages 829-847, February.
    2. Silvia PUIU & Bogdan Andrei BUDICA & Dalina OCHETAN & Adrian Florin BUDICA, 2012. "The Export Of Furniture From Romania At Present," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(2), pages 393-400, November.
    3. BURJA Vasile & MARGINEAN Radu, 2013. "The Furniture Industry In Romania And The European Union - A Comparative Approach," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 65(4), pages 107-120.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Furniture industry; Sustainability; Romania; Wood industry;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General

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