Uncollected VAT is costing the state budgets of five CEE countries over 28 billion Euro per year, according to PwC study

According to PwC estimations, the cost of uncollected VAT to the state budgets of five Central and Eastern European (CEE) countries amounted to over 28.2 billion Euros in 2015. The results of this study were presented today at a PwC… Read moreUncollected VAT is costing the state budgets of five CEE countries over 28 billion Euro per year, according to PwC study

4 out of 5 Romanian CEOs state that they focus more on long-term profitability instead of short term gains, according to the latest edition of the Romanian edition of the PwC Global CEO Survey

72% of Romanian CEOs state that the purpose of the companies they lead is to create value for all stakeholders, not just for shareholders, and 79% say that they focus more on long-term profitability rather than short-term gains, according to… Read more4 out of 5 Romanian CEOs state that they focus more on long-term profitability instead of short term gains, according to the latest edition of the Romanian edition of the PwC Global CEO Survey

The total number of cars in circulation in Romania increased by 21% after 2008, however most of the increase came from second-hand cars

• More than half of the national auto fleet is made up by cars older than 10 years; • The average age of the national auto fleet reached 12,9 years, 4,6 years older than the EU average; • The share… Read moreThe total number of cars in circulation in Romania increased by 21% after 2008, however most of the increase came from second-hand cars