Google Reports To Local Authorities Only 1 In 7 Euros Collected From Romanian Companies

06.10.2014 By Ioana Niţă

Google Bucharest SRL, the local subsidiary of the US online company, reported only EUR2.9 million revenue to Romania’s Finance Ministry last year, almost seven times lower than it actually collected from Romanian companies, according to the estimates of local advertising agency Initiative Media.

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Keywords:
google
, adwords
, youtube
, revenue