Cataramă: Romanian businesspeople cannot come together for important projects

Businessman Viorel Cataramă, who controls Elvila, an around 100 million-euro business per year, denounces the lack of unity among businesspeople in Romania because they cannot present a united front for projects of national importance.
This is the first time that an entrepreneur talks about this, with the only such talks being centred around the lack of a strong owners’ association and of a bank that supports Romanian capital as multinationals are supported by banks in the countries where they are headquartered.
“Over the last 20 years, no action by Romanian businesspeople has been completed successfully. Romanian businesspeople have so far failed to create a strong employers’ association, why would you think they could create a strong bank? Romanian businesspeople are not able to come together for projects of national importance. There isn’t enough room for all the would-be bosses,” Cataramă told Ziarul Financiar in an interview.
In Romania, most victims of the crisis were Romanian companies after the Government and the National Bank proved unable to support local capital.