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CEOs in Slovakia more optimistic on global economic prospects

TOP managers active in Slovakia are considerably more optimistic now in terms of their expectations for the global economy than was the case last year, according to a survey by PwC and Forbes magazine on April 4.

TOP managers active in Slovakia are considerably more optimistic now in terms of their expectations for the global economy than was the case last year, according to a survey by PwC and Forbes magazine on April 4.

While last year only 15 percent of chief executive officers expected the world economy to fare better in the year ahead, the proportion has now sprung to 45 percent, the TASR newswire cited the report.

The top executives are also more optimistic when it comes to the growth of Slovak companies. Forty percent of those questioned said that they definitely expect the revenues of their companies in Slovakia to go up in the next 12 months, while another 36 percent said that such a development is more likely than unlikely.

Many of the top managers believe that such growth could be fuelled most by innovation, as 38 percent of them identified innovation as their first choice in efforts to boost revenues. Another sizable opportunity for growth lies in increasing the market share of their companies.

Source: TASR

Compiled by Michaela Terenzani from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

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