Managers see better days ahead

Managers in the main economy sectors – industry, constructions and retail, are optimistic about the companies they run. They anticipate either output growth or higher sales or more orders and more employees over the next two months. These are not the only increases expected, as the managers announced they also saw prices on the rise. A survey conducted by the National Statistics Institute (INS) this month shows the processing industry will maintain its upward trend over the next few months. The trend is backed by the output growth in April, as well as by the decrease in the finished product excess stocks. As for the number of employees, it will keep going down in the companies employing more than 500 people. At the same time, the managers of the small enterprises (less than 50 employees) and of the medium-sized ones (50-250 employees) estimate they will hire more people over next two months. The large companies in the industry are after all the only ones to resort to personnel cutbacks, as both the managers in the retail business and those in constructions expect to see more employees. ZF