ZF English

Managers about economy in 2020: get ready to work harder!

03.06.2010, 20:57 7
Ziarul Financiar invited high-ranking officials of the state,business people and company managers to sit down and talk about themodernisation of the economy and about the outlook for 2020.
"Romania can evolve by developing entrepreneurship andeducation. We must take a cue from other countries, especially fromthe entrepreneurship development model of Israel, a country that,with seven million people, attracts more venture capital than theUnited Kingdom and is one of the countries with the highest numberof companies listed on the NASDAQ. A well oriented countrytolerates failure and encourages exposure to risk," Andreea PaulVass, advisor of the President of Romania, yesterday told the"Modernisation of Romania. Outlook of the economy in 2020,"conference organised by ZF in partnership with ceramic tileproducer Cesarom.
Adrian Ionescu, head of the motorway department of CompaniaNationala de Autostrazi si Drumuri Nationale din Romania (NationalMotorway and National Road Company) says that numerous plans andstrategies for Romania's infrastructure development have beendevised over the last few years, as required by the European Union,which are not observed.

"In ten years, Romania's GDP will grow, maybe not as currentlyanticipated, but it will. On the other hand, there will be apopulation decline by about two million people during the sametime. Putting these pieces of information together along with thefact that we have mostly aged population, get ready to workharder!" said Mihai Ghyka, the manager running the third leadingbeer company, Bergenbier Romania.

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