Around 42% of the polled managers in Romania are very confident about revenue growth prospects over the next 12 months, while 44% are somewhat confident their business will prosper over the mentioned interval, PwC said in its latest Global CEO Survey.
It said 60% of Romanian CEOs expect business revenue to increase in the next three years.
Most of the Romanian executives believe organic growth on the local market will be the main opportunity for business development in the next 12 months, followed by new product or service development and new mergers and acquisitions, joint ventures or strategic alliances.
Uncertain or volatile economic growth is the main threat to business growth in Romania, with 88% of the polled managers showing concern about the economic situation. Government response to fiscal deficit and debt burden ranks second, followed by exchange rate volatility.
Romanian CEOs plan to focus on enhancing customer service, growing their client base and improving operational effectiveness, the PwC survey showed.