Romania is not the only country in this situation – in more than 50% of the world's states, the same thing happened, including at the European Union level.
A key challenge in 2024 was the partial removal of tax incentives for the IT industry, resulting in a sharp rise in operational costs.
81.6% of companies in the IT sector felt a negative and strongly negative impact of the partial elimination of tax breaks in 2023.
Romania is uniquely positioned to capitalize on the benefits of acquiring and operating the F-35 Lightning II for the upcoming decades.
In the dynamic realm of the Information Technology (IT) sector, 2024 is poised to be a transformative period defined by a myriad of trends and challenges.
OMV Petrom and Romgaz have started construction of the offshore pipeline for the Neptun Deep project, marking progress in Romania's largest natural gas development.
DHL Supply Chain and Pepco have extended their collaboration to strengthen distribution operations across Europe. The expanded partnership aims to ensure product availability, reduce delivery lead times, and enhance network performance for Pepco's growing store footprint.
The Romanian Wind Energy Association (RWEA) and the Romanian Photovoltaic Industry Association (RPIA) warn that proposed changes to the Grid Connection Regulation could increase energy prices.
The Romanian leu depreciated on Monday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1998 lei, up 1.1% from the previous rate, recording a new historic high.
The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.