Leaders In Europe Key To Regaining Region's Financial Stability

The past couple of years have been a challenging time for the global economy. Be it the global pandemic or the Russia-Ukraine war, global events in the recent past have brought with them major challenges for industries across the globe.

The European region has been at the receiving end of the hardships brought by aforementioned events which has caused the European economy to contract slightly at the end of 2022 and beginning of 2023. This was a direct impact of the loss of Russian natural gas and high inflation on consumer spending.Based on data by the European Union's statistics agency Eurostat, among the 20 nations that use the euro currency economic output dropped 0.1 percent in the final three months of 2022 and first three months of 2023 as compared to previous quarters.

This resulted in two consecutive quarters of decline which has led to a recession. The times are tough and the need of the hour is for governments and industries to pull up their socks to beat the recession lest it snowball into a deeper problem.

In the midst of tough challenges, it is the business leaders who have been working hard to navigate their respective organizations to safety in a highly volatile scenario. The current edition of Global Woman leader magazine shines the spotlight on women leaders of from across Eastern Europe who have been the catalyst of growth and development in their respective countries.On the cover we have Romanian business leader, Livia Iolanda Onceriu, a distinguished leader in Romania's veterinary and human health industries. Growing up in a family of intellectuals, Livia pursued her passions in painting, literature, and languages, complemented by serious academic studies. Co-founding Vanelli in 1993 with her husband, she has driven its success to become a leading veterinary pharmaceutical producer.

From Czechia we have Katerina Havrlant, Partner and Chief Sustainability Officer, Rockaway Capital. She is a qualified angel investor. She has previously served as Director of Europe, The Middle East, and Africa at Google, leading Economic Contribution projects, Sustainability, and AI efforts. She also managed Emerging Markets Product Strategy for Android and Mobile at Google and worked as a Product Management Director and Board Member at Atlas.cz. Katerina is also a passionate philanthropist and founder of the Havrlant Art collection.

Slovakian leader, Svetlana Maxwell, CEO & Managing Director of Innomaks, is another dynamic leader featured in the magazine. With expertise in sales, global procurement, and supply chain. She excels in driving strategy, innovation, and business performance improvement.

From Austria, we have Ivana Ridler, Founder & Managing Partner, Sidro Advisors & Capital Partners. Ivana has extensive experience in global finance, primarily in private equity. She began her career in M&A investment banking and has led direct private equity investments, co-investments, and fund transactions, serving on numerous company and advisory boards.Read more about these women leaders and the secret to their success.