Global companies could release €1.3 trillion from working capital to increase capital investment

€1.3 trillion could be released from the balance sheets of globally listed companies if they take steps to address working capital efficiency, according to the findings in PwC’s latest report Navigating Uncertainty: 2018 Annual Global Working Capital Study. The report… Read moreGlobal companies could release €1.3 trillion from working capital to increase capital investment

PwC study identifies over 65 ways blockchain technology can fix global environmental challenges

● Blockchain applications could disrupt how the world manages environmental resources, helping to drive sustainable growth and value creation ● This opportunity remains largely untapped by developers, investors and governments as the majority of projects are currently focused on areas… Read morePwC study identifies over 65 ways blockchain technology can fix global environmental challenges

The average wages in private sector increased by 6.4% in 2018, according to PwC’s PayWell survey

The overall private labour market salaries in 2018 were slightly higher than the planned levels. Nationwide, salaries increased by 6.4% higher than the planned adjustment (5.7%), according to the 20th edition of PayWell Salary and Benefits Survey conducted by PwC… Read moreThe average wages in private sector increased by 6.4% in 2018, according to PwC’s PayWell survey

Romania might be the second Member State, after the Czech Republic, to apply the generalized reverse charge mechanism

ECOFIN (Economic and Financial Affairs Council of the European Union) has recently decided that EU Member States “most affected by VAT fraud” will be able to apply, by 30 June 2022, under very strict technical conditions, the generalized reverse charge… Read moreRomania might be the second Member State, after the Czech Republic, to apply the generalized reverse charge mechanism

PwC report: Convergence, connections and trust are key factors now in the global entertainment & media market

According to PwC’s Global Entertainment & Media Outlook 2018-2022 (Outlook), the ongoing rapid evolution of the industry has entered a dynamic new phase. Amid growth that is broad-based and consistent – but unevenly distributed – three imperatives are affecting every… Read morePwC report: Convergence, connections and trust are key factors now in the global entertainment & media market