Metallurgical industry in Romania in the context of the economic crisis

Abstract

The magnitude of the economic crisis and the influence on the developments of industrial branches was different.Although European economies are strongly interconnected both internally and externally, the way in which an economic branch has crossed and is trying to overcome the economic crisis has some peculiarities arising from its specificity on the one hand, and on the other hand, from the policies applied in the field. Based on these considerations,the paper examines how Romanian metallurgical industry passes through the economic crisis as compared with other industries. Also based on quantitative analyses performed and taking into account the specific phenomenon of seasonality are presented models of evolution of this industry with horizon in February 2015.

Keywords

• metallurgy
• economic crisis
• turnover
• forecast models
• Romania