The aim of this thesis is to present a realistic picture of how public-private partnership projects are being implemented in Romania, in more general terms, and in Cluj-Napoca, in more specific terms. The paper is structured into three main parts. The first one is presenting an overview picture of what public-private partnerships are, and what are their main characteristics. In the second part of the paper there is an analysis of the Romanian legislative framework in the field of public-private partnerships. The last part of the work is based on a case study in Cluj-Napoca and details specific contractual agreements between the Local Government and different private partners. The scope of the entire thesis is to show the fact that public-private partnerships represent a feasible solution for investments, and that public authorities should consider them seriously when they want to involve themselves in investment projects.