Report
Alessio Chiesa ...
  • Raffaella Tenconi
  • Stefan Lungu, CFA

EME Macro/Strategy: Romania – better, but patience is key

From a cyclical perspective, industrial indicators suggest that we should see an improvement in industrial production in the coming months. The road ahead is somewhat bumpy, as unusual weather conditions may weigh on agricultural output, the German industrial recovery is frail and early elections may also lead to delays in domestic investment. All things considered, in our view, real GDP should grow by 3.5-4% this year, above potential once again.
Provider
Wood and Company
Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

Analysts
Alessio Chiesa

Raffaella Tenconi

Stefan Lungu, CFA

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