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futureofromania

Analysis of the Day: Optimism is returning to the market: company managers anticipate, in the majority, business growth across the board

Key findings:

  • Business managers in Romania are optimistic about the future, with most expecting business growth in the coming months.

  • All four sectors surveyed (manufacturing, construction, retail, and services) anticipate growth in activity.

  • Expectations for employment are also positive, with all four sectors forecasting an increase in the number of employees.

  • However, managers also expect prices to rise in all sectors.

Key takeaways:

  • The Romanian economy is expected to continue growing in 2024.

  • Businesses are planning to invest and expand, which will create jobs.

  • Consumers are also expected to spend more money, which will boost the economy.

Implications for businesses:

  • Businesses should take advantage of the positive economic climate to invest and grow.

  • Businesses should be prepared for rising prices by negotiating with suppliers and finding efficiencies in their operations.

  • Businesses should focus on providing excellent customer service to attract and retain customers.

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