Managers about economy in 2020: get ready to work harder!

Ziarul Financiar invited high-ranking officials of the state, business people and company managers to sit down and talk about the modernisation of the economy and about the outlook for 2020. “Romania can evolve by developing entrepreneurship and education. We must take a cue from other countries, especially from the entrepreneurship development model of Israel, a country that, with seven million people, attracts more venture capital than the United Kingdom and is one of the countries with the highest number of companies listed on the NASDAQ. A well oriented country tolerates failure and encourages exposure to risk,” Andreea Paul Vass, advisor of the President of Romania, yesterday told the “Modernisation of Romania. Outlook of the economy in 2020,” conference organised by ZF in partnership with ceramic tile producer Cesarom. Adrian Ionescu, head of the motorway department of Compania Nationala de Autostrazi si Drumuri Nationale din Romania (National Motorway and National Road Company) says that numerous plans and strategies for Romania’s infrastructure development have been devised over the last few years, as required by the European Union, which are not observed.

“In ten years, Romania’s GDP will grow, maybe not as currently anticipated, but it will. On the other hand, there will be a population decline by about two million people during the same time. Putting these pieces of information together along with the fact that we have mostly aged population, get ready to work harder!” said Mihai Ghyka, the manager running the third leading beer company, Bergenbier Romania.