The 11th CONFIDEX study also highlights the resilience of the services and IT sectors, which maintain an optimistic outlook: 38% of managers in services and 35% in IT are positive about the next six months, citing their adaptability to economic changes.
“Healthcare is the most resilient to macroeconomic fluctuations in the services sector. The market has grown consistently, expanding by 9%-10% in 2023 compared to the previous year. We expect a similar growth rate for 2024,” noted Fady Chreih, CEO of Regina Maria.
In contrast, managers in construction and industry express caution, with 37% and 39% of respondents in these sectors expressing concerns about economic conditions. The slowdown in the European economy, driven by challenges in the automotive and real estate industries, has amplified these apprehensions.
“We have a dependency on the economies of France and Germany. Through a proper understanding of these dynamics, I am confident that we will identify ways to reposition ourselves strategically, set clear directions for action, and implement a coherent program for economic reconstruction or adjustments to investment and development measures. In the current context, reducing the budget deficit is an essential step toward increasing the attractiveness of our economy to foreign investors,” stated Sorin Preda, Founder and CEO of Global Vision.
Despite these challenges, the CONFIDEX Confidence Index remains stable at 52, reflecting consistent managerial sentiment compared to the first half of 2024. Data for this edition were collected in October, before key political developments such as the U.S. presidential election results and Romania’s first-round election outcomes.
Looking to 2025, 29% of respondents expressed confidence in the economy, while 37% were cautious, and 34% voiced concerns.
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Publish date : 2024-11-29 03:35:00
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