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.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.