ABSL Analysis: Economic unpredictability and rising taxes put pressure on business services industry
Business
Rising inflation, the budget deficit, and the lack of economic predictability are affecting the competitiveness of the business services industry. These conditions limit new investments and may lead to the relocation of certain activities to other regions where costs are better controlled. ABSL (the Association of Business Service Leaders) highlights these risks in an analysis carried out together with Deloitte Romania on the impact of the current economic context on the industry’s development.
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