COMPANIES
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CITR: Number Of Companies In Imminent Insolvency Drops 10% YoY In 2021 To 5,971
The number of companies facing imminent insolvency decreased by 10% in 2021 versus 2020, down to 5,971 firms, but grew by 7% compared to the level recorded in 2019, at the onset of the coron...
Companies Invest Up To 60% More In HR Departments Amid Labour Shortages
In 2022, companies have increased the number of employees in HR (human resources) departments by 60%, according to internal data of EXEC-EDU, a company operating on the executive education m...
Deloitte: Multinationals Expect Higher Tax Burden Because Of OECD Reform And European Directives On Taxation
Almost half of companies worldwide (47%) expect a significant increase in their group’s global effective tax rate, because of the implementation of the two-pillar global tax reform coordinat...
Romanian Companies Invest Up To EUR8,000 In Digitalization
Inflation and recent changes in the Tax Code prompt Romanian entrepreneurs to invest in the digitization and automation of processes in their companies in order to reduce expenses by up to 3...
REI: Over EUR2.5B Available To Companies For Investments In Green Energy, Retrofitting, Production, Digitalization Or Recycling
Companies in Romania have over EUR2.5 billion at disposal for investments in green energy generation or energy efficiency improvement, the digitalization of operation of small and medium-siz...
Companies In Romania Lose Large Amounts Of Money Due To Internal Fraud
Companies in Romania lose large sums every year because of fraud schemes orchestrated by or with the help of their own employees, according to Corporate Intelligence Agency, a company specia...
S&P: Ukraine War Prompts Entrepreneurs Across Major Industries To Cut Production And Sales Forecasts
The war in Ukraine has caused entrepreneurs in major industries to reduce production and sales forecasts for the next two years, according to international rating agency Standard&Poor’s (S&P...
Romania Pharma Production Nears EUR1B in 2021, But Company Numbers Down
Romania’s drug production is based on 158 companies, which generated RON48 billion turnover in 2021, up 6% year-on-year. Yet, the number of companies operating on this market dropped and cur...
Romania IMM Invest Plus Program, With EUR4B Budget, Restarts On Sept 12
Romania’s IMM Invest Plus program, with a budget of EUR4 billion, restarts on Monday (September 12).