As many as 39 percent of corporate managers around the world see Europe as the region that will provide the greatest growth opportunities for companies in the next three years. At the same time, 30 percent of respondents indicated the area of Asia and the Pacific and 24 percent both Americas – according to a study by the consulting company EY.
According to the authors of the EY Global Capital Confidence Barometer, the development opportunities that the management sees for their companies on the European continent translate into the region's investment attractiveness.
"The eyes of companies planning mergers and acquisitions in the next 12 months will be focused on Europe." EY indicated.
Respondents from North America, Asia-Pacific, and the Middle East and Africa indicate Europe as the main target for mergers and acquisitions outside their regions.
Michał Płotnicki, a partner at EY, noted that Europe is interesting not only geographically, but also in business terms.
"Some countries are developing very fast and are constantly increasing their potential, both for local and foreign investors looking for attractive assets," he assessed.
According to him, the largest number of mergers and acquisitions (M&A) will be expected in telecommunications, technology, financial services, automotive, and the medical and healthcare sectors.