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E&Y

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EY: UniCredit-Ion Tiriac Transaction Worth Over $770M, The Largest In The Region In 1H/2015
Companies

EY: UniCredit-Ion Tiriac Transaction Worth Over $770M, The Largest In The Region In 1H/2015

The transaction whereby Italian group UniCredit bought the stake held by businessman Ion Tiriac in Unicredit Tiriac Bank, for over $770 million, is the largest operation on the mergers and a...

Ecaterina Craciun · 27.10.2015 · 13:50 · 1 min
EY: Nearly 30% Of Romanian Family Businesses Handed To Second Generation Of Entrepreneurs
Companies

EY: Nearly 30% Of Romanian Family Businesses Handed To Second Generation Of Entrepreneurs

Nearly 30% of family businesses in Romania with revenues exceeding EUR1 million have been handed to the second generation of entrepreneurs, while family members are recommended to have profe...

Gabriela Stan · 22.10.2015 · 13:40 · 1 min
EY: Romanian Entrepreneurs Want Tax System Simplification Rather Than Tax Cuts
Companies

EY: Romanian Entrepreneurs Want Tax System Simplification Rather Than Tax Cuts

Romanian entrepreneurs prefer a simplification of fiscal rules and regulations on tax calculation rather than tax cuts, given that a start-up needs 159 hours a year to "navigate" through the...

Gabriela Stan · 29.07.2015 · 16:54 · 1 min
Ernst & Young Named BRD-SocGen’s Financial Auditor
Banks-Insurance

Ernst & Young Named BRD-SocGen’s Financial Auditor

Ernst & Young Assurance Services will be the new financial auditor of BRD-SocGen, the second largest bank by assets on the local market, replacing Deloitte.

Manuela Panescu · 17.07.2015 · 15:01 · 1 min
Energy

Ernst & Young Drafts Incentive Program For Romgaz Managers

Consultancy company Ernst & Young (EY) will draft, over the next six months, a performance-based bonus system for the middle management of Romanian state-run gas producer Romgaz Medias (SNG....

Manuela Panescu · 13.07.2015 · 14:00 · 1 min
Macroeconomics

EY Eurozone Forecast: Domestic Consumption Is Romania's Main Growth Driver

Consumer spending in Romania is registering its highest growth rate since 2008 and is the main driver of economic development, according to the 2015 EY Eurozone Forecast.

Oana Gavrila · 22.06.2015 · 12:12 · 1 min
Nearly 40% Of Large Business Employees See Corruption As Widespread In Romania- Survey
Companies

Nearly 40% Of Large Business Employees See Corruption As Widespread In Romania- Survey

Nearly 40% of the employees of large business in Romania consider corruption and bribery as widespread phenomena in the local business environment, according to an EY survey.

Gabriela Stan · 11.06.2015 · 13:06 · 1 min
Romanian Entrepreneurs Want Tax Cuts, Simplified Laws, State-Guaranteed Loans – EY Study
Banks-Insurance

Romanian Entrepreneurs Want Tax Cuts, Simplified Laws, State-Guaranteed Loans – EY Study

Romanian entrepreneurs consider that business development should be supported by tax cuts, tax incentives, reduced bureaucracy, simplified laws and Tax Code, state-guaranteed loans, especial...

Gabriela Stan · 14.05.2015 · 15:22 · 1 min
Local Businesses More Optimistic Than Foreign Ones In Romania About Growth In 2015
Analysis

Local Businesses More Optimistic Than Foreign Ones In Romania About Growth In 2015

Romanian-owned companies are more optimistic that foreign businesses operating in Romania regarding growth in turnover, salaries or staff numbers this year, according to a survey released Th...

Oana Gavrila · 02.04.2015 · 11:41 · 1 min