Creating Competitive Advantage in Coal Mining Industry in Romania: A New Challenge

As we know, human society is closely linked to the provision of energy sources. Crises lately manifested globally in oil and natural gas price movements for these resources, coupled with increasing demand for them led to a rethinking of national strategies for the exploitation and utilization of resources. One of the objectives of any industrial policy is to use comparative and competitive advantages due to the existence of natural internal resources and an appropriate level of qualification, experience and tradition of labor in the sectors of mining and exploitation of these resources, which requires judicious exploitation and search processing of the corresponding starting materials. The paper aims diagnosis of the current situation in the mining industry in Romania, especially coal, accompanied by an assessment of the competitive potential of this industry and its determinants. Conclusions and proposals provide general guidance on key factors and key considerations that may be relevant when considering the difficult issues inherent officials balancing process exploitation of valuable mineral resources - to long-term needs of the country, now and in the future.