PwC: Rising wages and poor infrastructure obstruct foreign investors - Azi

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The rising wages, the increasing shortage of a specialised workforce and the labour conflicts of recent months are eroding Romania"s competitive edge as a destination for foreign investment projects, whilst the lack of infrastructure is also one of the biggest obstacles, Vasile Iuga (photo), country managing partner of PricewaterhouseCoopers Romania, told ZF.

"These factors are compounded by bureaucracy and non-receding corruption, the high volume of payments for taxes and the rigid labour...

Read the whole story in: Ziarul Financiar