Economy | 18 April, 2024 at 8:47 PM
Year-end closing: clarifications and recommendations for companies
In today's dynamic economy, the financial year-end poses a significant challenge for Romanian companies.
In today's dynamic economy, the financial year-end poses a significant challenge for Romanian companies.
Companies have less than three weeks, until 17 April 2024, to familiarise themselves with the concepts related to workplace harassment.
Business has its eyes firmly set on a positive future, and leaders are looking to expand and grow with confidence.
The Public Country-by-Country Reporting Directive (Public CbCR) was published in the Official Journal of the European Union (EU) on 1st December, 2021.
Romania's eCommerce market reached approximately €8.1 billion in 2025 and could exceed €8.5 billion in 2026. However, growth is entering a more competitive phase than in previous years, according to a report by MerchantPro.
Foundever, a customer experience service provider, has opened a new office in Bucharest, marking expansion in Romania and CEE. The company plans to grow its local team to over 140 employees throughout 2026, with current capacity for 180 workstations and room for further expansion.
The National Road Investment Company (CNIR) has submitted documentation to the National Public Procurement Agency for the tender of an Express Road connecting the A0 Bucharest North Motorway to the future Terminal 2 of Henri Coandă-Otopeni International Airport. The estimated investment value exceeds RON 400 million (€80 million).
Romanians work some of the longest hours in Europe, with an average of 38.8 hours per week surpassing the European Union average according to Eurostat.
Alive Capital, a green energy supplier and integrated services platform for renewable energy producers, has signed a collaboration agreement with Sieyuan Electric.