The Impact of the Economic Energy Crisis and the Geopolitical Context on the Price of Construction
The Impact of the Economic Energy Crisis and the Geopolitical Context on the Price of Construction

Author(s): Mircea-Sebastian Mancia, Gabriela A. Popoviciu, Aurora Mancia
Subject(s): Social Sciences, Energy and Environmental Studies, Socio-Economic Research
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Economic and energetic crises; Geopolitics context; Price of constructions
Summary/Abstract: Humanity is facing a series of overlapping crises: the health crisis, the energy crisis, the economic crisis and the crisis caused by Russia’s aggression against Ukraine. After the era of globalization, the slowdown of international trade and the change of economic flows, the Romanian economy could be revived through foreign investments relocated to Romania and Romanian investments. The construction sector is strongly influenced by these phenomena. In this context, malfunctions also appeared in the construction infrastructure chains. It is found that it is necessary to adapt to autonomy in the supply of raw materials, the development, modernization and technology of our capacities as a response mechanism. In this acceptance, through this paper, the authors intend to design the impact of the actual crises (energetic and economic) in the construction field and the prices.

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