Despite these uncertainties, potential opportunities lie in Ukraine's reconstruction, regional strategic investments, and the post-election landscape.

“With the support of over 4,000 business leaders, we are collectively building a robust economy, where optimism remains an essential resource for progress. During this period, we are witnessing a potential reconfiguration of the international economic landscape, and the effects will undoubtedly be felt in the Romanian economy” says Andrei Cionca, Co-Founder of Roca and Agista.

The 12th edition of CONFIDEX is now under way, with answers expected by March 28. The study is supported by the private equity funds Roca, Agista, and insolvency manager CITR.

Interestingly, the forecasts made by managers in H2 2024 proved to be more pessimistic than the actual economic reality in Romania.

For instance, the majority of managers (56%) predicted an increase in inflation, but it actually decreased to 5.1% in 2024 compared to 7% in 2023.

Similarly, despite concerns about a decline in Romania's GDP, it reached 1.7 trillion lei (around €341 billion) in 2024, surpassing the previous year's record of 1.6 trillion lei.

The CONFIDEX index reached its lowest point during the pandemic period. Subsequently, it began to gradually recover, reaching the highest level in the past three years (52.5) in the first half of last year and maintaining a similar value in H2 2024.