Marius Cristescu, one of the main Romanian industrialists, whosebusiness stood at 200 million euros in 2008, is pessimistic aboutthe rebound prospects of the economy this year, expecting businessto go down by 10% in 2010, after a 25% decline in 2009.
"We will most likely see a 10% decline in 2010, because Januaryand February were completely frozen. Let's see what happens withexports, because there will still be a lot of bankruptcies on thedomestic market and if it's a client or supplier it affects you,"Marius Cristescu says.
He and his brother Emil Cristescu control the Bega group, whichposted some 131 million-euro revenues in 2009, with the mostimportant businesses being oil drilling, industrial space rental,equipment manufacturing, trade, tourism, real estate and transport.Besides Bega group, the two own significant stakes in variouscompanies.
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