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Vol. XI Issue VI - June 2009

Project Management eJournal

 

REGIONAL REPORT:

Current Standing of Project Management in Romania: Caught between Cutting Costs and Growth

Romania

By Florin Gheorghiu
International Correspondent for
PMForum & PM World Today
Bucharest, Romania


Still in a deep state of apprehension, the companies either large or small try to absorb the shock wave propagated throughout Europe’s economies and reaching out way far into Eastern Europe where still precarious economies barley breath under the massive hit.

As more mentally induced than economically justified, today’s word on everyone’s lips is cutting cost and any other decision in companies’ life is firstly subordinated to this master action.

Barely noticeable projects have been initiated in the last reporting month but those already live on the market are significant for a large portion of the horizontal industry. Accent is again placed on infrastructure projects, those efforts capable to drive behind an entire industry of services and goods.

The long awaited infrastructure projects which were for a while in the pipeline have been finally started and, to name a few of them, we have to retain the Vinci/Aktor portion highway through a complicated mountain landscape linking a few cities over Valea Prahovei Comarnic-Brasov first stage of 58 km for a price of 1.5 billion Euros.

Read Complete Regional Report >>

 

Florin Gheorghiu

Florin Gheorghiu
International Correspondent – Romania Based in Bucharest

Romania

Mr. Florin Gheorghiu, PMP, is an International Correspondent for PMForum and PM World Today in Bucharest, Romania. Florin is also currently a Professional Project Manager and Head of Engineering and Planning Department for a local based branch of a Bucharest utility Company in the field of power and heat. He is also experienced working for EPC contracts within the construction industry for the industrial and real estate sectors. Florin has added much to its professional accruals when working on large power plant rehabilitation program financed by the International Bank for Reconstruction & Development (IBRD) and the European Bank for Reconstruction & Development (EBRD), and for Parsons Power (Gilbert Commonwealth), Lahmeyer International and Pennsylvania Power & Light (PP&L) as a project Consultant. Florin is a graduate of the Technical University of Bucharest in Power Engineering and the National School for Political Studies and Administration in Management. Mr. Gheorghiu can be contacted at fgheorghiu2001@yahoo.com.



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