The survey, at its fifth edition, measures executives’ confidence in the economy and has become a decision-making instrument in business in an economic climate marred by uncertainty.
At the previous four CONFIDEX editions, over 1500 executives of companies with more than 150,000 employees provided an overview of the economic situation.
The analysis released by CONFIDEX in June 2021 showed that, after the initial pandemic shock, Romania’s economy has seen constant growth, with no turbulences. At the start of the Covid-19 pandemic, company managers predicted a 20% decline in turnover compared to forecasts in early 2020. This percentage gradually decreased throughout 2020, reaching 10% at end-2020 and 7% in 2021. Profit decline was estimated at -22%, in April 2020, and at -11% in April 2021.
Impetum Group includes insolvency practitioner CITR and the two investment platforms ROCA and ROCA X.