Starting with 1 January 2025, the RO e-Invoicing system will also apply to invoices issued in B2C (business to consumer) relationship.
Romania's economy has fallen short of expectations, note Colliers consultants, who initially predicted a promising local economic scenario for 2024 that failed to materialize.
Advertising revenue market shares remain stable: Television leads with 52.2%, followed by Digital at 36.4%, OOH at 6%, Radio at 4.9%, while Print stays below 1%.
By 2030, Gen Z will be a key driver of the AI future, comprising 30% of global workforce.
The purchase price will be €0.3375 per share, inclusive of dividend, subject to possible adjustments.
The analysis conducted by MerchantPro covers the results of a representative sample of online stores operating on Romania's most widely used local SaaS eCommerce platform.
In recent years, the HoReCa industry has been steadily losing Romanian employees, trying to compensate for the staff shortage of employees from other countries.
Conversely, two-thirds of large enterprises reported an increase in sales, reflecting their ability to leverage broader resources and more advanced strategies.
Global mobility functions are increasingly seen as strategic partners, with 89% anticipating their program will remain or become more strategic in the next 12-18 months.
Gifts are chosen based on the specific preferences of the recipients, say nearly 9 in 10 respondents, while the rest opt for universal gifts that would suit anyone.
Modern shopping centers with a total leasable area of more than 160,000 square meters were built this year.
Merete Clausen, Director at the European Commission's DG GROW, to join European Investment Fund (EIF) as Deputy Chief Executive starting January 16th 2025.
With Romania's full entry into Schengen, waiting times at the borders with Hungary and Bulgaria will be eliminated.
The European Commission welcomed the "unanimous decision" of the Council "to lift internal land border controls at the internal land borders with Romania and Bulgaria".
Vastint Romania is thrilled to announce its new partnership with Saint Roastery, which will open its first urban café in the garden of Business Garden Bucharest.
The company continues to heavily invest in research and development, focusing on the Nemesis AI platform.
Government incentives remain one of the main factors for choosing an electric vehicle, and the example of Germany illustrates this perfectly.
Majority (90%) of firms surveyed have adopted AI into operations to some degree, but most remain in the early stages and 8% have not integrated AI at all.
Following an investment of €5 million, this relocation underlines Regina Maria's commitment to the quality of medical care.
The main purpose of the code is to support the issuer's corporate resilience in a rapidly changing world.
There are more than 7,800 dental clinics and around 9,500 dentists in Romania and the average cost of treatment per patient is Ron 1,000.
Ahold Delhaize has undertaken a substantial package of commitments to address the concerns expressed by the Romanian Competition Council related to this transaction.
The lack of real digitization and transparent communication from state institutions throughout 2024 only demotivated taxpayers to invest their financial resources.
The acquisition includes two manufacturing facilities located in the US and the Netherlands, as well as the lease of other manufacturing and R&D facilities in two US locations.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.