Germany-Romania Roundtable Business Conference and Awards 2011
In this context, business leaders, investors, experts and professionals representing German companies and joint ventures got together to discuss the latest economic developments and trends at Business Arena’s annual Germany – Romania Roundtable Business Conference and Awards 2011, organized together with Net Worth Advisory and in partnership with Jacobi & Partner Romania, Avis Romania, Ramada Plaza and Corporate Baskets.
Looking at the ways in which the economic slowdown has affected the labor market, Razvan Ilie, the Country Manager of Jacobi & Partner Romania, pointed out that recruiting agencies have a much tougher job in finding the right candidates, as fewer people are inclined to change their jobs these days. “The crisis has affected the labor market in two ways. On the one hand, companies are reluctant to hire new professionals and, on the other hand, fewer people are ready to change their jobs.” Ilie added: “Before 2008 many people in the industry used to would talk about a certain mercenary approach, as many professionals would jump from one position to another for a salary increase. This is no longer valid today.” The Jacobi & Partner Romania official also said that in the current economic conditions, newly hired people were much less likely to want to change jobs again soon and they tended to stay longer with the company.
Focusing on Romania’s development potential, Jan Schell, General Manager, Boehringer Ingelheim Romania, expressed his confidence in the local opportunities. “The financial crisis has hit businesses in all countries, and no one can tell when it is going to end. But I am quite sure that there is so much room for improvement. Whether it is happening next year, the year after that, or in three years’ time, it doesn’t matter so much. There will be growth and there will be a lot of improvement in Romania,” said Schell. He added that compared to Germany, where the welfare system is very strong, people in Romania are more motivated to work hard. “To some extent it is a positive thing that people don’t have that double or triple security net in Romania. Therefore people are still interested in working and changing something, and in my experience so far that has been a good recipe for growth and positive change.”
Hot topics such as the 2012 prospects for the Romanian economy, new business opportunities and the potential effects of the Greek crisis were heatedly discussed at Business Arena's annual Germany - Romania Roundtable Business Conference and Awards 2011, hosted by the Ramada Plaza hotel on Tuesday.
The participants also spoke about their success stories and challenges here, and voiced their worries regarding the troubled international economic context.
On the same occasion, Business Arena granted its annual awards, honoring outstanding performances in the business sector.
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Looking at the ways in which the economic slowdown has affected the labor market, Razvan Ilie, the Country Manager of Jacobi & Partner Romania, pointed out that recruiting agencies have a much tougher job in finding the right candidates, as fewer people are inclined to change their jobs these days. “The crisis has affected the labor market in two ways. On the one hand, companies are reluctant to hire new professionals and, on the other hand, fewer people are ready to change their jobs.” Ilie added: “Before 2008 many people in the industry used to would talk about a certain mercenary approach, as many professionals would jump from one position to another for a salary increase. This is no longer valid today.” The Jacobi & Partner Romania official also said that in the current economic conditions, newly hired people were much less likely to want to change jobs again soon and they tended to stay longer with the company.
Focusing on Romania’s development potential, Jan Schell, General Manager, Boehringer Ingelheim Romania, expressed his confidence in the local opportunities. “The financial crisis has hit businesses in all countries, and no one can tell when it is going to end. But I am quite sure that there is so much room for improvement. Whether it is happening next year, the year after that, or in three years’ time, it doesn’t matter so much. There will be growth and there will be a lot of improvement in Romania,” said Schell. He added that compared to Germany, where the welfare system is very strong, people in Romania are more motivated to work hard. “To some extent it is a positive thing that people don’t have that double or triple security net in Romania. Therefore people are still interested in working and changing something, and in my experience so far that has been a good recipe for growth and positive change.”
To read the full version, see the print edition of Business Arena.
Hot topics such as the 2012 prospects for the Romanian economy, new business opportunities and the potential effects of the Greek crisis were heatedly discussed at Business Arena's annual Germany - Romania Roundtable Business Conference and Awards 2011, hosted by the Ramada Plaza hotel on Tuesday.
The participants also spoke about their success stories and challenges here, and voiced their worries regarding the troubled international economic context.
On the same occasion, Business Arena granted its annual awards, honoring outstanding performances in the business sector.
THIS YEAR’S WINNERS
Most Promising Small Consulting Business
Jacobi & Partner Industrieberatung GmbH,
Filiala Bucuresti
Recognizing its success in securing continued growth in times of crisis and its achievements in highly competitive sectors of the economy.
Most impressive growth in wastewater treatment plant design and execution at local and regional level in Romania
Stulz-Planaqua
Recognizing outstanding competence and quality in Romania’s water supply market.
Jacobi & Partner Industrieberatung GmbH,
Filiala Bucuresti
Recognizing its success in securing continued growth in times of crisis and its achievements in highly competitive sectors of the economy.
Most impressive growth in wastewater treatment plant design and execution at local and regional level in Romania
Stulz-Planaqua
Recognizing outstanding competence and quality in Romania’s water supply market.
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