Cautious pessimism and concern about the fallout of fiscal changes are now characterizing the mood in the local business environment, are the conclusions of the latest edition of the Confidex survey carried out by Impetum Group.
The Confidex index thus dropped to 48 in the second half of 2023, from 50.1 in the first six months of the year.
The survey was based on the answers of over 550 Romanian managers and entrepreneurs.
“The weight of managers who declare themselves relaxed about the state of the national economy dropped from 41% to 26%. Just 28% of Romanian managers expect an increase in public investments in the next six months and only 14% project higher private investments,” says Andrei Cionca, CEO and co-founder of Impetum Group.
Confidex is an Impetum Group initiative which has, for over three years, provided a clear image of Romanian businesspersons’ perceptions.
(English version by Catalina Apostoiu)