The Geo-Political Reality of 2025 Surpasses All Predictions. How Does the Romanian Business Sector View H1 2025? The 12th Edition of CONFIDEX Begins

• The forecasts made by managers in the second half of 2024, as expressed in the CONFIDEX study, were more pessimistic than the actual economic reality of Romania.
• The onset of the year, however, marked by surprising events, international geo-political tensions, and the unpredictability of the upcoming presidential elections in Romania, may heighten the caution levels within the business environment.
• The 12th edition of CONFIDEX is now underway. Business leaders and managers in Romania are invited to complete the survey, and based on their responses, the resulting CONFIDEX index will reflect the level of confidence among business stakeholders in the national economy for the first semester of this year.

A new edition of the CONFIDEX study begins, the only longitudinal study in Romania measuring the confidence of Romanian business leaders in the economy for the past five years. Entrepreneurs and top executives in Romania are encouraged to directly contribute to the assessment of confidence in the Romanian economy by completing the CONFIDEX 12 survey by March 28. This study is supported by the private equity funds ROCA, Agista, and CITR, the leading player in the insolvency and restructuring market in Romania.

In the second half of 2024, the CONFIDEX confidence index remained stable at a value of 52, similar to that of H1 2024 (52.5), but 2025 starts with new unexpected elements on the geo-political landscape, which may influence the level of caution among managers and even affect some business decisions in Romania. Conversely, the imminent reconstruction of Ukraine, strategic investment decisions in the region, and the conclusion of presidential elections may bring a new wave of confidence and opportunities for the local business environment.

“For five years, the CONFIDEX study has evolved from a mere indicator of confidence in the economy into a true reflection of business reality, showcasing the resilience of Romanian entrepreneurs. With the support of over 4,000 business leaders, we are collectively building a robust economy, where optimism remains an essential resource for progress. During this period, we are witnessing a potential reconfiguration of the international economic landscape, and the effects will undoubtedly be felt in the Romanian economy. In such a context, understanding how we view opportunities and how we can develop successful local models is crucial for preparing companies capable of navigating periods of uncertainty and efficiently accessing sources of growth,” states Andrei Cionca, co-founder of the private equity funds ROCA and Agista, and initiator of the CONFIDEX study.