Pessimistic about their own companies
On the other hand, Romanian CXOs are the most pessimistic about the current financial prospects of their companies (with only 15.4% expecting an improvement, compared to the leader of the chart, Poland, with 76.7%).
These findings were included in Deloitte’s first Business Sentiment Index (DBSI) – a research-based analysis of the opinions and predictions of Chief Executive Officers (CXOs) of the largest companies within six countries in Central Europe (CE) - Poland, Hungary, the Czech Republic, Slovakia, Croatia and Romania.
According to most respondents (65.4%), there aren’t significant delays in payments in Romania (from this point of view, local companies rank second in the region after Poland, with 79.1%).
Most Romanian respondents expressed interest in launching new products and services over the following 12 months (61.5% of total answers, following a 62.8% in Poland).
60% of Romanian respondents expect a more restrictive regulatory environment over the following 12 months, while 69.2% of Romanian companies consider EU grants very hard to get.
“The DBSI findings confirm the results of our First CEO Survey launched at the end of May,” underlines George Mucibabici (photo), Chairman Deloitte Romania. “Romanian companies continue their business growing strategies, while paying more attention to costs (for example, most respondents are planning to launch new products and services, while also anticipating a reduction in spending on capital goods and new reductions in personnel). On the other hand, businesspeople expect further restrictions from the regulatory environment, over the following year, while also highlighting the difficult access to EU grants.”
These findings were included in Deloitte’s first Business Sentiment Index (DBSI) – a research-based analysis of the opinions and predictions of Chief Executive Officers (CXOs) of the largest companies within six countries in Central Europe (CE) - Poland, Hungary, the Czech Republic, Slovakia, Croatia and Romania.
According to most respondents (65.4%), there aren’t significant delays in payments in Romania (from this point of view, local companies rank second in the region after Poland, with 79.1%).
Most Romanian respondents expressed interest in launching new products and services over the following 12 months (61.5% of total answers, following a 62.8% in Poland).
60% of Romanian respondents expect a more restrictive regulatory environment over the following 12 months, while 69.2% of Romanian companies consider EU grants very hard to get.
“The DBSI findings confirm the results of our First CEO Survey launched at the end of May,” underlines George Mucibabici (photo), Chairman Deloitte Romania. “Romanian companies continue their business growing strategies, while paying more attention to costs (for example, most respondents are planning to launch new products and services, while also anticipating a reduction in spending on capital goods and new reductions in personnel). On the other hand, businesspeople expect further restrictions from the regulatory environment, over the following year, while also highlighting the difficult access to EU grants.”