Sucu, Mobexpert: Those who hope things will improve in six months are daydreaming

Businessman Dan Sucu, one of the best-known Romanian entrepreneurs and head of the Mobexpert furniture manufacturer, says “things will worsen from day to day”, considering that large foreign companies that have production facilities in other countries will close the latter first and only then move to those in their own countries. Mobexpert ended 2008 with slightly higher sales against the 560 million RON (168 million euros) reported in 2007. The group has around 3,500 employees. “Those who hope things will improve in six months’ time are daydreaming. Things will worsen in Europe, too. At this point, the crisis in Romania is ‘nothing’ compared to what is happening in the West,” Sucu told ZF in an interview. He cites as an example the export demand, which fell around 50% last year. The Mobexpert owner says it is for the first time that he is not expecting an increase in sales in RON in 2009, with this year’s budgets being devised on a quarterly basis.