CEE in 2020 – Trends and perspectives for the next ... - Roland Berger
CEE in 2020 – Trends and perspectives for the next ... - Roland Berger
CEE in 2020 – Trends and perspectives for the next ... - Roland Berger
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
A SPECIAL LOOK AT ROMANIA<br />
Romania faces a challeng<strong>in</strong>g decade <strong>–</strong> Attractiveness as a<br />
workbench decl<strong>in</strong>es, capital market represents a hurdle<br />
Romania<br />
COUNTRY FACTS<br />
> Population (millions) 21.3<br />
> GDP/capita (USD) 7,542<br />
> Unemployment rate 7.8%<br />
> GDP composition<br />
<strong>–</strong> Agriculture 12.4%<br />
<strong>–</strong> Industry 35.0%<br />
<strong>–</strong> Services 52.6%<br />
MANAGER ASSESSMENT<br />
Above <strong>CEE</strong> average Below <strong>CEE</strong> average<br />
> Language skills<br />
> Labor costs<br />
> Geographical position<br />
> Cultural similarity to<br />
Western countries<br />
> Work<strong>for</strong>ce resources<br />
> Higher education <strong>and</strong><br />
tra<strong>in</strong><strong>in</strong>g<br />
> Primary education<br />
Source: Rol<strong>and</strong> <strong>Berger</strong> <strong>–</strong> <strong>CEE</strong> <strong>2020</strong> Study; CIA World Factbook, WEF GCR 2010<br />
> Innovation, R&D<br />
> Fiscal framework<br />
> Political <strong>and</strong> social<br />
stability<br />
> Legal framework<br />
> Bureaucracy<br />
> Corruption<br />
> Infrastructure<br />
CONCLUSIONS<br />
> Romanian managers are most<br />
optimistic about bus<strong>in</strong>ess volume<br />
<strong>and</strong> <strong>the</strong> number of jobs <strong>in</strong> <strong>the</strong>ir<br />
country; <strong>the</strong>y believe <strong>in</strong> <strong>CEE</strong> as<br />
one management region<br />
> But high unit labor costs (94% of<br />
WE average) are a disadvantage<br />
as a production location<br />
> Capital markets are an important<br />
topic <strong>–</strong> Access to f<strong>in</strong>anc<strong>in</strong>g is <strong>the</strong><br />
ma<strong>in</strong> problem <strong>for</strong> companies<br />
> Lack of <strong>in</strong>frastructure <strong>and</strong><br />
<strong>in</strong>stitutions<br />
<strong>CEE</strong>_<strong>in</strong>_<strong>2020</strong>_Study.pptx<br />
48
Change language