An Analysis of the Romanian Fishery Sector in the European Community Context Cover Image

An Analysis of the Romanian Fishery Sector in the European Community Context
An Analysis of the Romanian Fishery Sector in the European Community Context

Author(s): Silvius Stanciu, Riana Iren Radu, Florina Oana Vîrlănuță
Subject(s): National Economy, Agriculture, Economic development
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Romanian fisheries; Production; Community funds; Aquaculture;

Summary/Abstract: The development of the fishery sector represents one of the European Union’s priorities due to the positive impact it has on food security and to its potential to ensure nutritious and quality food at an affordable price as compared to other animal-origin resources. The Community policy in the fishery sector focuses on reducing the Community market dependence on imports and on the sustainable development of business in this domain. Romania aligned with the Community policies and, therefore, important funds were allocated to the national fishery sector. The diversified natural resources, the possibility to use friendly technologies, the qualified staff, the tradition in the domain, and the existence of a number of niche markets all represent motivations for the development of the Romanian fishery sector. The present paper proposes an analysis of the Romanian fishery production and of the European financing effects on the specialized companies. Despite the fact that there have been important resources allocated to the sector and there is a slight positive evolution, the absorption of funds was difficult. The results of the investment may be observed after a long period of time, this is why Romania is still dependent on fishery product imports. Aquaculture represents the main segment towards which the European funds were directed, including in our country, thus providing the greatest part of the income and employment in the domain.

  • Issue Year: III/2015
  • Issue No: 09
  • Page Range: 143-154
  • Page Count: 12
  • Language: English