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Construction companies in Romania, the chemical and services ones will record in 2010 and 2011 during recession, reductions of business and liquidities, production of industrial goods
Construction companies in Romania, the chemical and services ones will record in 2010 and 2011 during recession, reductions of business and liquidities, production of industrial goods, auto and banks sector will have no decreases, and in IT it is possible to have an increase. The conclusions were presented in a study by Horvath&Partners regarding the effects of the recession on the economic indicators, 248 managers of international corporations or small and medium enterprises in different domains in Germany, Austria, Switzerland, Hungary and Romania being interviewed.
19% of the interviewees were from Romania, especially small and medium entreprises. “ The companies of the construction industry, chemical industry and services will face significant reductions of the turnover and liquidities. The companies in the utilities sector, commerce and transport estimate a moderate drop of the turnover and the orders reached the level of consolidation through measures to ensure short term liquidity. We do not expect a drop in indicators” the study shows.
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