Integration of the Romanian Industry into the European One
Integration of the Romanian Industry into the European One

Summary/Abstract: Romania’s integration into the European Union is an extremely complex process which has effects upon all sectors of the Romanian Economy. Among the main principles that are at the basis of the development of economy and the reform in the present stage, the most important position is held by the restructuring and modernization of the Romanian industry, its reorganization and privatization with a view to ensuring a durable economic progress. The industrial policy of Romania has in view to create a framework which can ensure the development of a competitive industry, in accordance with the industrial structures of the European Union, which will lead to the reduction of the gap between Romania and the other countries of the European Union. The industry, as an important branch of the Romanian Economy, produces approximately 27% of the national raw produce and contributes by 1, 2-1,5 rate to its growth annually. The Government of Romania has approved of the document of the Industrial Policy of Romania between 2005 and 2008, stating that it is essential for the three basic parts of the durable development: the economic, social and environmental one, to be interconnected and to progress harmoniously. The main goals of the industrial policy of Romania are: the growth of competition, the growth of the role of research, development and innovation, the promotion of a durable management of the resources and protection of environment; the improvement of the professional training and occupation of labour. The post-integration strategy in the industrial sector will have in view, among others, the ending of the process of privatization of the commercial companies of the industry, the presentation of the remaining industrial companies of the public property on the market, the promotion of the strategical cooperation of the holding type structures and of the economic groups with a view to connecting the Romanian industry to the process of globalization, the growth of the volume and efficiency of the export, encouraging the export of products with a high level of processing and high added value, turning into account the geographical position of Romania by directing the export to the neighbouring areas which can become outlets of maximum interest for the European Union. The most sensitive sector from the point of view of the post-integration situation is the one of the small and middle enterprises. Thus, after the integration many of them have reduced their activity or to put an end to their activity because they will not be able to cope with the competition from the European Union.

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