Finance | 21 February, 2025 at 10:32 AM
Romania strengthens position as third most preferred destination for investment in CEE
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
In 2022, Romania recorded the highest VAT collection deficit in the European Union (EU), losing 30.6% of VAT revenues. However, this percentage is 4.2% lower compared to 2021.
The three ingredients of success (or failure) for startups in 2024, which looks into the factors that contribute to the success or failure of startups.
Starting with 1 January 2025, the RO e-Invoicing system will also apply to invoices issued in B2C (business to consumer) relationship.
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
With the help of technological solutions, continuous auditing will become a proactive tool, not just reactive, playing a crucial role in supporting strategic decisions.
Globally, nearly half of business leaders admit to facing difficulties in attracting top talent, with 44% reporting significant obstacles in their hiring processes.
A significant shift in the overall outlook and priorities of executives in the sector is uncovered, indicating a strategic reset is on the cards.
Significant disparities in tax rates and competitiveness indicators across the CEE region.
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.