The survey “A vision for growth” explores the perceptions of top executives from major companies operating in Romania regarding the business outlook for 2014 and shows comparative data between February and August 2014.
Companies’ expectations regarding profit growth largely stayed the same in August compared with February as 81% of respondent companies were expecting an increase in profits in August, compared with 84% at the beginning of the year.
On the other hand, in August, 18% of companies said they expect a 5-10% increase in personnel numbers, compared with only 5% in February.
According to the survey, more than half of the respondent companies (51% in August) predict a growth in salary level of 5 – 10% (from 60% at the beginning of the year) while 30% of them (a 9% increase) continue to anticipate higher growth rates of 10 – 21% in salaries during this year.
As for financing investments, companies continue to use mostly bank loans (54% in February compared with 49% in August), followed by share capital increase (10% in February – 22% in August). The “own resources, intercompany loans and reinvested profit” segment faced a decrease to 16% in August from 34% in February 2014.