About Industrial Structures Decomposition and Recomposition

In the past 23 years, Romania has gone through a thorough and multi-facetted economic, institutional, legal, and ownership restructuring process, which has greatly reshaped the landscape of its economy, by changing the place and the role of certain economic branches, activities and companies, the drastic effects of which have also left a mark on its industrial structures. This article approaches the restructuring of the Romanian industry in respect of the number, size, and ownership of the companies, the changes in the value structure of industrial output by groups of products and branches, the course followed by physical production expressed in physical units, the number of employees, the salaries, and wage costs. Our analysis tackles the process of decomposition and recomposition of Romania's industrial structures from a national perspective, without ignoring the trends in the European industrial strategies and policies.