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

The reverse-charge mechanism for supplies susceptible to fraud was extended until 30 June 2022

The Council of the European Union adopted, on the 24th of September 2018, the prolongation of the period for the application of the optional reverse charge mechanism for supplies of goods and services susceptible to fraud. The same document approved… Read moreThe reverse-charge mechanism for supplies susceptible to fraud was extended until 30 June 2022

Romania loses annually over EUR 6 billion due to VAT gap, according to an European Commission report

According to a report recently issued by the European Commission, uncollected VAT represents EUR 6.13 billion loss for Romania´s 2016 budget. At EU level, uncollected VAT amounted to EUR 147.1 billion, which represents a 12.3% VAT gap. All 6 Central… Read moreRomania loses annually over EUR 6 billion due to VAT gap, according to an European Commission report

Report PwC. In Romania, the digital segments will be the drivers of growth for the media and entertainment market

According to the PwC Global Entertainment & Media Outlook 2018-2022 over the next five years, the digital segments will be the most dynamic components of the Romanian media and entertainment market. The whole media and entertainment market in Romania will… Read moreReport PwC. In Romania, the digital segments will be the drivers of growth for the media and entertainment market

PwC study shows four out of five executives (84%) surveyed report blockchain initiatives underway

● China to overtake US as leading blockchain developer within three to five years. ● Trust and regulatory uncertainty identified as biggest barriers to business adoption 84% of executives surveyed by PwC report blockchain initiatives underway – 15% fully live…. Read morePwC study shows four out of five executives (84%) surveyed report blockchain initiatives underway

PwC Academy launches the first authorised trainings for the new created Data Protection Officer job

PwC Romania together with its correspondent law firm D&B David si Baias have obtained authorisation of the Data Protection Officer (DPO) training course issued by the Labor and Social Justice Ministry and the National Education Ministry. With this certification, PwC… Read morePwC Academy launches the first authorised trainings for the new created Data Protection Officer job