Three quarters of family businesses in Romania grew last year

Three quarters of family businesses in Romania (74%) recorded an increase in turnovers during the last financial year. Globally, 65% of family businesses posted such growths, according to the PwC Family Business Survey. Three quarters of Romanian respondents plan to develop their business in the next five years, compared to 85% globally. 62% of the Romanian respondents expect a constant growth in their turnover in the next five years, whereas 13% hope for a rapid and aggressive growth. Romanian entrepreneurs are more concerned with the company’s reorganization (39%) than other entrepreneurs globally (28%). Results are similar to the previous survey. editor@romania-insider.com