Managers optimistic about coming year

Managers of Romanian companies are among the most confident about the development prospects of their businesses in 2005 out of 27 European countries, an opinion poll conducted by Eurochambres, the association of chambers of industry and commerce in Europe shows. Furthermore, they expect to see their turnover and sales grow even further in 2005, compared with this year. The Eurochambres data show 67% of managers in Romania feel the development of the companies they represent will be higher in 2005 than in 2004, compared to a mere 5% who foresee a negative trend. Among manufacturing companies in Romania, 69.3% anticipate better annual results in 2005, as do 63.8% of service providers. As to prospects for next year’s turnover, companies in Romania were the most optimistic of the entire sample (84.5%), as they were in the last two years. ZF