“We are very optimistic about this year. We set out to achieve a smaller growth for 2016, of up to 10% on last year, when our growth was 20% year-on-year,” says owner Radu Timis.
The entrepreneur says that the steps taken by the government, such as the VAT cut from 24% to 20% and the minimum wage raise, create the perfect environment for companies in Romania to develop, but also believes they need to improve processes and standards so as to be able to sustain growth.
“Companies that improve all their processes, procedures, standards, control systems, will be successful since the market is going through a time of consolidation.”
Cris-Tim hired almost 300 people last year, and Radu Timis said that hiring might continue depending on the growth of the businesses. Cris-Tim has about 2,200 employees, according to previously supplied information.
(English version by Loredana Fratila-Cristescu)