Klintensiv will absorb the VAT increase from 19% to 21%, keeping product prices unchanged for customers.
Raluca Niculae
Current Affairs
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Starting August 1, VAT in Romania will increase to 21%, but Klintensiv, a manufacturer of hygiene solutions, has announced that it will bear this tax increase without changing final prices. Cristian Stanciu, the company's founder, emphasized the importance of confidence and predictability at this time, pledging to protect customers, including individuals and healthcare institutions, from the financial impact of the VAT change.
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