Investments will support the sector development in 2018

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CHEP POOLING SERVICES ROMANIA S.R.L.

GABRIEL ANDRONESCU

GABRIEL ANDRONESCU

COUNTRY MANAGER at CHEP POOLING SERVICES ROMANIA S.R.L.

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Q: What’s your view on employment, trade and investment for Romania in 2018 and please give us your point of view regarding the evolution of your business sector in 2018.
 
 
Gabriel Andronescu: Investments represent the key: public investment is essential for major projects development and private investment is linked to a predictable and positive outlook of the economy and fiscal measures. Employment increasingly represents a problem, the outlook being not so promising unless we succeed to offer solid reasons to young generations and good professionals to stay in Romania (higher education system needs adjustment to tomorrow’s labor market) and in parallel attract “useful migration”.
 
Trade is vulnerable if macro-economic stability is lost, due to internal or external factors. Overall, unless the needed adjustments are made, I believe that on medium term we could face the risk of another economic downturn, more severe than during a typical declining phase of the economic cycle.
 
 
Supply Chain sector faces particular challenges, among which I can mention fuel price variation (caused by external factors and excise regulation) and a shortage of drivers seen in various countries. Again, investments (for example, logistics facilities needed for retailers’ expansion) could be the element supporting the sector development in 2018.
 
 
Regarding CHEP Romania, we estimate to continue the growth, keeping the same year-on-year average above 20% as until now, by continuing to be the forefront of building better Supply Chains of tomorrow.
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CHEP POOLING SERVICES ROMANIA S.R.L.

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