Looking ahead: How local investors shape Romania's economy in 2023

Location: ERI by winsedswiss school (Conference Hall) - Sibiu

10:00 - 10:30 Welcome speeches
● Ray IUNIUS, CEO Winsedswiss Education Group (WEG) & member of the CCE-R Board
● Daniela CHRZANOVSKI, General Manager Swiss WebAcademy & Cyber security leader of CCE-R content oriented working group
● Daniela CÎMPEAN, President of Sibiu County Council
● Patrick MOLEINS, President of Club Francophone d’Affaires & General Manager Somarest

10:30 - 11:15 Panel 1 - How do local investors assess the macroeconomic outlook in 2023
MODERATOR: Daniela CHRZANOVSKI, General Manager Swiss WebAcademy

Discussion topics:
• What are the main challenges that local business people in Romania are currently facing?
• How did fiscal changes shape the local companies budgets for 2023?
• How did local investors solve personnel shortage issue?
• Local business leaders estimates for Romania economy in 2023: GDP growth, inflation rate, salary increases.

Speakers:
• Octavian Isaila, president, Chamber of Commerce, Industry and Agriculture of Sibiu
• Adrian Rada, prime Vice-president in National Council of SMEs in Romania
• Cristina Vezan, co founder & Marketing Director, Cotex RO Boulangerie
• Anca Bercu, Administrator Famatech

11:15 - 11:30 Coffee break

11:30 - 12:15 Panel 2 - Why is Romania still a safe bet for investors
MODERATOR: Prof. Dr. Ray Iunius, CEO Winsedswiss Education Group

Discussion topics:
• What are Romania’s main advantages as an investment destination? What are the drawbacks?
• What can local/central authorities do to stimulate companies to increase salaries?
• What are the main indicators that investors are looking for when deciding to invest in a country?
• The role of education in economic development.

Speakers:

• Octavian Isăilă, President of the Sibiu Chamber of Commerce, Industry and Agriculture
• Ari Pokka, CEO Finnish Education Institute Ltd.
• Raul Țărnaru, CEO si fondator NOVARION SA
• Răzvan E. Pîrjol Chief Business Development Officer, ohma Director Winsedswiss Education Group

11:45 - 12:00 Conclusions
12:00 - 13:00 Lunch & Networking

It is said that local investments are inherently more measurable because of their smaller size and centralized locale. In this context, the Chamber of Commerce Switzerland Romania will organize the Looking ahead how local investors shape Romania's economy in 2023 event. Romania’s GDP will increase by 2.5 in 2023 according to the latest and more optimistic prognosis of European Commission, due to increased investments in the public and private sector and to consumption boost. However, high inflation rate and increasing interest rates have brought unexpected challenges for businesses, and tax increases added pressure on investors.