More GMs among Romania’s Foreign Investors Council expect business contraction this year

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. editor@romania-insider.com