More GMs among Romania’s Foreign Investors Council expect business contraction this year
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Over half of managers within companies within the Foreign Investors’ Council expect slightly increasing revenues for the companies they run, according to the Council.
This is an improvement pf 6% compared to the previous survey carried out by the Council, but it is counterbalanced by the increasing group of managers who expect business contraction – 20%, compared to 6% in December last year.
Only 3% of respondents expect that their domestic market would grow significantly, while fewer managers feel that their business will grow somewhat – down to 40% from 48.8%. Most managers want to keep the same level of investments as last year – some 48%, a quarter would invest more, and almost 7% would decrease investments significantly. The Foreign Investors’ Council accounts for two thirds of all total foreign investments in Romania.
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