Starting August 1, Romania's new fiscal package increased the standard VAT rate from 19% to 21%. It also merged the 5% and 9% reduced rates into a single 11% rate.
VTEX has achieved the AWS Consumer Goods Competency, distinguishing itself as a provider that has demonstrated technical proficiency and proven customer success.
The Romanian Ministry of Finance successfully raised €4 billion on October 2 in its final and most successful Eurobond issuance of the year.
Tech giant Apple announced a significant expansion of its clean energy projects across Europe, including a long-term agreement to procure power from a 99MW wind farm in Romania.
The Romanian mergers and acquisitions (M&A) market reached €4.2 billion in the first nine months, a 7% decrease from the same period last year.
CEC Bank and the Investment and Development Bank (BID) have signed a landmark agreement to provide individual guarantees for public sector entities in Romania.
Investors in Central Europe are optimistic about the upcoming months, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey.