The January-February 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Sectors to watch in 2023.” Read it online by clicking here. To download the magazine in PDF format fill out this form and we’ll make sure to send you a PDF copy.

Editorial: Eyeing the star sectors of 2023

According to the latest data, economic performance in the Eurozone is rather weak. The indicators published so far have indicated a significant slowdown in household consumption, a slowdown in service sectors, as well as a weak evolution of the industrial sector. Globally, energy crises, the war in Ukraine, and ethical concerns for the environment and the workforce will intensify and will continue to shape the economic environment, including the consulting industry. Locally, the business climate could be even more affected by a low absorption rate of EU funds and the slow implementation of structural reforms.

Yet, with the symbolic milestone of 1,000 kilometres of highspeed roads due to be reached this year and another 500 kilometres of new motorways and expressways currently in different stages of construction, Romania seems to be accelerating improvements to its road infrastructure, which could prove a crucial factor in attracting new foreign investments in the years to come.

According to experts, the biggest challenges for the overall business environment in 2023 will continue to stem from the effects of the war in Ukraine and the unpredictability it brings about. The end of the war will be what will trigger bigger investments, a return to normality, and an exit out of the energy crisis, which, in turn, will lead to the revival of many industries. But sectors like automotive, IT, medical services, infrastructure, telecom, professional services, and energy are shaping up to be among the star sectors this year in Romania, so we should keep a close eye on them.

By Anda Sebesi, Editor-in-Chief, Business Review Magazine

In this issue:

Who’s News: Radu Marcu (Connections Consult), Mateja Podgornik (Mondelez Romania), Todor Kesimov (Takeda Romania), Sorin Dumitrascu (Nusco Imobiliara), Ioana Munteanu (Golin Romania)
News in brief: Business is the only institution viewed as ethical and competent; Brico Dépôt certified as Top Employer in 2023; Romanian M&A market
on upward trend
Real estate in 2023: searching for stability as crisis looms
Sectors to watch in 2023 (main cover story)
- IT industry keeps growing despite ongoing crises
- Top story of the year in telecom: 5G rollout
- Local automotive industry looking at huge investments this year
- Road infrastructure upgrades picking up speed
- Private medical system covering gaps in public healthcare
- Professional services industry on the rise in Romania
- Energy sector investments to scale up in 2023