Romanian companies have challenges in successful AI adoption, finds EY study
Although 60% of organizations in Romania are involved in AI utilization, either through testing or adoption planning.
Although 60% of organizations in Romania are involved in AI utilization, either through testing or adoption planning.
Financial independence is a nearly universal aspiration for 87% of Gen Z, yet wealth accumulation is not the primary driver of success.
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Morphosis Capital Fund II, a growth capital fund focused on developing high-growth SMEs, announces its first investment outside Romania.
Most confident CEOs taking long-term approach to transformation with a focus on customers and employees, despite evolving disruptive forces.
The collaboration aims to address the AI skills gap by helping to equip young people with employable AI experience needed to thrive in the new AI-driven economy.
The lift in M&A activity in 2024 was most pronounced in H2, with 415 deals announced – the highest H2 volume since 2012 and a 58% year-on-year increase from 263 deals in H2 2023.
Security and trust remain the top telco risk, driven by AI concerns and escalating cyberthreats.
65% of all big pharma revenues now come from dealmaking, confirming a need for robust inorganic growth and value creation strategies.
In 2024, global IPO volumes fell 10%, with proceeds down by 4% YOY, while India led in volume and the US led in proceeds.
The current talent landscape is marked by employees moving in short cycles from one employer to another in order to gain new experiences and thus upgrade their skills.
EY Institutional Investor Survey shows that 92% of investors are reluctant to sacrifice short-term gains for the longer-term rewards of ESG investments.
AI is now largely accepted as key to future success in virtually every industry, and it is time for technology companies to translate the potential of AI into performance.
By 2030, Gen Z will be a key driver of the AI future, comprising 30% of global workforce.
45% of consumers globally are concerned about being able to pay for this festive season with half using loans or credit cards to fund their spending.
An overwhelming majority of CFOs (87%) believe that generative artificial intelligence (GenAI) will drive efficiency in the tax area, compared to only 15% in 2023.
Latest EY Global Integrity Report shows 49% believe that integrity standards within their organizations have improved over the past two years.
The human element plays a crucial role in successfully increasing the chance of a transformation significantly, improving performance by up to 12 times.
European companies don't make the grade on DEI: the average DEI Index score is 5.69 out of 10. Only Switzerland got a passing grade (6.0)
New EY survey finds boards must lean in and play a challenger role to establish sustainable business models.
Energy group PPC has launched a fast-charging solution that operates on 100% renewable energy.
DIY retailer Hornbach will inaugurate its tenth local store on September 3. The new location, the fourth in Bucharest, represents an investment of more than €48 million.
Renault Group has announced the appointment of Katrin Adt as the new CEO of the Dacia brand, succeeding Denis Le Vot, who is departing the company.
Industrial production prices (covering both domestic and external markets) increased by 2.7% in July 2025 compared to the same month in 2024.
EGV and Inspire Capital have led a new funding round of €1.6 million for the local AI startup Meetgeek.