PwC
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PwC: Corporate Insolvency, Restructuring Stay Low In CEE Since Onset Of Pandemic, Except For Romania, Czech Republic
The number of corporate insolvencies and restructuring processes have stayed low in Central and Eastern Europe (CEE) since the onset of the COVID-19 pandemic, except for Romania, which saw a...
PwC: Eight In Ten Companies Deem Remote Work As The New Norm On Labor Market
Most companies (80%) say that adopting remote work is the new norm on the labor market, and over 53% currently have created and implemented arrangement policies in this respect. Of the remai...
PwC: Romania Media And Entertainment Industry Seen Inching Up 0.26% To EUR2.61B In 2020 Vs 8% Growth In 2019
The Romanian media and entertainment industry is expected to grow just 0.26% in 2020 to EUR2.61 billion, compared with a growth of over 8% in 2019, but is seen returning to growth starting 2...
PwC: Oil&Gas Firms Expect Digitization To Boost Their Revenue By 10%, Reduce Costs By 8.5%
Oil and gas (O&G) companies anticipate digital applications will deliver on average a 10% increase in revenue due to increased production and reduced time to project start-up, and an 8.5% de...
PwC Romania: 65% Of Companies Didn’t Have To Apply Employee Cost-Cutting Measures
Two-thirds (65%) of companies in Romania did not have to implement invasive measures to reduce employee costs during the two-month period of the state of emergency, as per a HR Barometer sur...
PwC Romania: Bucharest Stock Exchange Loses EUR13B Of Its Capitalization Since Start Of 2020
The Bucharest Stock Exchange (BVB) has lost 34% (EUR13 billion) of its stock capitalization since the start of 2020, after a 23.4% increase in 2019, the best performance of the local market...
PwC: One in Five Companies Sees Revenue Drop amid Covid-19 Pandemic
Around 18% of companies in Romania expect their revenues to drop by as much as 20% due to the impact of the Covid-19 pandemic, while a large majority of companies (65%) have not yet assessed...
PwC: Romanian M&A Market Grows 4% in 2019, to EUR5.2B
The mergers and acquisitions market in Romania returned to growth in 2019, increasing 4%, to EUR5.2 billion, after a 9.6% decline in 2018, a study by PwC Romania and D&B David si Baias showe...
PwC: More Than Half Of Companies In Romania Plan To Increase Headcount In 2020
Over half of the respondents in Romania (54%) plan to increase employee numbers by an average of 11% in 2020, according to PwC Romania’s HR Barometer.