ZF English

Construction and metallurgy managers are the most optimistic in 2011

Autor: Adrian Cojocar

04.04.2011, 23:49 17

The Stock Exchange companies that have budgeted the highestincreases for this year are mainly companies from the constructionand the metallurgical sectors, according to a ZF survey.

The combined turnovers of construction companies included inthe analysis are expected to increase by 29% in 2011 after severalyears of uninterrupted decline, with metallurgical plants budgeting26% higher turnover, after seeing a significant increase last yearas well, helped by export demand.

"Most companies have a prudent approach to the year 2011 becauseof the uncertainties on the Romanian market. In industry andmetallurgy there are expectations for orders from abroad, withexports most likely to continue to be the growth driver over thenext two or three quarters," says Mihai Alexa, analyst withbrokerage firm Broker Cluj.

In the chemical sector and the machinery and equipment sectors,the budgets of listed companies indicate moderate increases both interms of turnovers and in terms of profits, while the energy sectoranticipates a sales contraction amid lower fuel consumption.

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