Areas of Research

My research interests rest mainly on:

1. Analysis and evaluation of investments for technical projects

Based on many years of experience in relevant studies and research projects, analysis and evaluation of investments of every kind of economic activities, domestically and internationally, are undertaken. Taking into account technical, economical, environmental and social criteria, the following methods are used:

  • Cost - Benefit Analysis (CBA)
  • Analysis throughout the project life cycle (LCA),
  • Multi-criteria analysis

Furthermore, it is used special software: UMBERTO, SIMARRO, ELECTRE.

2. Risk Management

Risk analysis is one area of research, where taking into account the risk factor in relation with the possibilities of impacts, it is conducted sensitivity analysis with the aim of techno-economic evaluation of investment. It is used special software and simulation models, statistical analysis, etc.

3. Engineering Economics

The research in the field of engineering economics, focuses on optimizing the use of resources in production systems in order to maximize their performance.

4. Environmental Economics

Techno-economical assessment of environmental investments, in order to determine the requirements of standard systems, which will be harmonized to the principles of sustainable development, with particular reference to the protection of the environment. At the same time, they are developed methodologies for the environmental impact assessment of projects and, also, financial tools for creating incentives for the implementation of environmental projects.

5. Environmental Planning

Design and optimization of environmental planning at businesses and organizations. The applications cover the fields of the Solid, Liquid and Gaseous Waste, the Energy Management, and the savings of resources in order to make optimal use of all materials and products.

6. Evaluation of environmental investments with applications in operational research

It is applied the use of operations research methods for the creation and the implementation of relevant Decision Support Systems (Decision Support Systems) for optimizing the evaluation of all types of environmental investments (e.g. Units of Waste Management / Recycling, Power Plants, Desalination Plants, Liquid Waste Management Units etc. .)

7. Planning, management and evaluation of Environmental Investments

With the aid of an interdisciplinary research team composed of specialists of various disciplines (engineers of the most disciplines, lawyers, economists, etc.), is undertaken the training, the assessment and the analysis of environmental investment projects using modern financial tools and special software, aimed at optimizing the planning and the implementation of sustainable and profitable projects.

8. Evaluation of technological investments through Life Cycle Analysis (LCA) and Cost-Benefit Analysis (CBA)

It is applied the use of LCA methodology and Cost- Benefit Analysis in the evaluation of technological and environmental investments, by using specialized software (UMBERTO, SIMARRO, ELECTRE etc).

9. Planning and Evaluation of Corporate Social Responsibility (CSR) in Companies

The subject of the research is the development of methods and tools for assessing the level of Corporate Social Responsibility that is developed by any kind of actors, as shown by the published CSR report. These methodologies include quantitative and qualitative evaluation methods. Also, there are used multiple international standards for CSR for optimizing the design of such systems.

10. Planning and evaluation of projects for Public Private Partnerships (PPPs)

The projects that are undertaken through Public-Private Partnerships require special methods for their evaluation, which have been developed within the research activities of the Research Unit of Environmental Economics and Sustainability. These methods have their roots in classic tools of evaluating investment projects, but they, also, take into account the distribution of risks and benefits to their respective stakeholders.