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Nine managers out of ten consider that the present economic policy must be changed
To support a high level of growth, 95% of the leaders of companies consider that the present economic policy of Romania must be changed, shows a survey made among the members of AmCham.
The same study shows that 83% of the leaders of companies in Romania consider that the Romanian laws are non-conclusive and incomplete, stated on Monday Ionut Simion, the chairman of the American Chamber of Commerce in Romania (AmCham Romania).’From the point of view of investments in Romania, the perspective is a positive one, with 46% of the managers stating that the investments of the companies in Romania will grow, while 49% consider that they will remain at the same level.At the same time, 75% of them consider that Romania offers good conditions and numerous opportunities for business’ Simion said.
He said that the survey was made among over 200 out of the 400 members of AmCham and had as objective to identify the opinions and the perception of the executives who lead businesses in Romania on the progress identified in Romania from the perspectiveof the legislative framework, public administration, infrastructure and fiscal and monetary policy.
The disagreement between the parties and the use of fiscality as a political instrument were the main causes which over 75% of the general managers mentioned as being to blame for the weak performance of the economic policy.
‘The trust of the leaders in the government is reduced, 97% of them considering corruption as an element which influences the elaboration of policies by the government, 61% state that the phenomenon of corruption moved the objective of processes of elaboration of policies from the creation of correct environment to the protection of a reduced group of special interests’ added the chairman of AmCham.
At the same time, 56% of the managers consider that the laws and the Romanian regulations are less attractive for the entrepreneurship environment than other countries of the EU as they are non-conclusive and incomplete.
‘Despite the weak evaluation in key sectors of the policy, 88% of the managers stated that their investments in Romania meet or surpass their expectations and 100% of the executive managers of the companies with a local business turnover of 200 million euro or more stated this’ considered the head of AmCham.
‘At the same time, it is necessary to have a vision of economic growth for the future decade, the representatives of AmCham mentioning the country project which will be launched by the government in the period to come.’ We welcome this initiative and we are open to join this process with a view to making a strategic direction of action’ Simion said.
AmCham reunites over 400 companies with investments of at least 20 billion dollars and 250,000 work places as a total, representing 24% of GDP of Romania.Out of the 400 companies, 37% are with Romanian social capital, 28% American companies and 26% European companies. At the same time, 55% of the companies are multinational, 37% are SMEs and 8% are non-profit organisations.