ANTI-CRISIS MANAGEMENT APPROACHES AND RISK FACTOR ANALYSIS IN RAILWAY TRANSPORT

Abstract

The rail transport system has several advantages that make this type of transport unique and critical significant. However, due to the manifestation of crisis elements, this type of transport can be engulfed in a large-scale crisis. To prevent crisis risks, clear anti-crisis management is needed, based on the analysis of the current situation in the industry and the dynamics of recent years. Anti-crisis management in the rail transportation system can be both direct and indirect. An exception is the system of passenger transportation by rail in Romania, where there was an increase in passenger transportation by rail by 19.2% with a GDP growth of 43%. The quantitative and qualitative reasons for such phenomena are considered and the authors offer their vision of a system of anti-crisis measures in both freight and passenger rail transportation.