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20 December 09:46

Service-industry companies forecast cautious growth for 2024, hurt by tax and regulatory instability.

Călin Nicolescu

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Economy

A report by PwC commissioned by the Association of Business Service Leaders (ABSL) complains there is a lack of predictability, which may also affect the number of investors. The main hurdle remains human resources, while salary increases in 2023 were 9%, with estimates of 7% for 2024.

Sources

Raport: Lipsa de predictibilitate poate avea un impact asupra numărului de investitori. Companiile sunt mai puțin optimiste pentru 2024 din cauza creșterilor taxelor pentru salarii sau beneficii

Analiză: Angajații potriviți sunt tot mai greu de găsit, cu impact direct în economie. Ce soluții sunt

ȘTIRI PE ACELEAȘI SUBIECTE

News

Romania's media and entertainment industry will grow by 2% annually to reach €4.91 billion in 2029, with growing segments such as online advertising and video games.

International

Services output grew by 1.7% in the EU and by 2.1% in the euro area in May, with Romania recording the biggest decline of 11.4%.

Economy

The estimated GDP for the first half of 2025 has increased by 1.4% compared to the first half of 2024, supported by construction and IT, but affected by industry and trade.

Economy

Romania has recorded the highest consumption growth in Europe, with an inflation of 7.84% in 2025, influenced by the increase in VAT and in the prices of goods and services.

Economy

The European Bank for Reconstruction and Development (EBRD) has revised downwards the forecast for the growth of the Romanian economy for 2025 to 0.9%, compared to 1.6% as estimated in May, due to the economic slowdown.

Economy

Industrial turnover grew by 3.1% in the first six months of 2025, driven by advances in mining and manufacturing.

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fiscal instability effects service industry fiscal instability human resources

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