Amid higher prices expectations, buyers remain wary, and many intend to cut back on gifts for themselves or to switch to lower-priced brands.
Seven out of ten companies in Romania expect an increase in impact of circular economy regulations from moderate to high and very high in the next five years.
Another important aspect for the organizations' success identified by the study is reimagining the work, workplace, and workforce in line with technology developments (67%).
Nearly 60% of respondents see the potential of e-invoicing and digital reporting for trade to simplify compliance.
Romania has a considerably higher rate of young people who make plans for their future (96%), among which 54% have well defined plans, compared to 40%, the European average.
IRIDE is the first and one of the largest business parks in Bucharest, located in the Pipera area.
The use of AI leads to increase in sales productivity and customer satisfaction and to decrease in marketing overhead costs.
The transaction has an estimated value of approximately €27 million and was recently signed.
Back-to-school spending is likely to remain unchanged this year, as 73% of parents are concerned about rising prices for everyday purchases.
The Confidence Index, which is typically linked to economic expectations, has climbed for a fourth consecutive semester to 118, from 58, in June 2022
The average price of new homes in Romania amounted to €1,504 per sqm in 2023, which was the third lowest price in Europe, behind Bosnia and Herzegovina and Greece, according to a Deloitte report.
Households' average monthly spending on streaming video on demand (SVOD) platforms has increased by almost 30% compared to last year, from $48 to $61.
EU Corporate Sustainability Reporting Directive (CSRD) imposes new reporting requirements for which CFOs are generally appointed responsible.
The study shows that the share of women who feel burned out has fallen to a quarter, compared with more than a third in 2023 and nearly half in 2022.
Although significant strides have been made in recent years, international relevant bodies estimate that between $800 billion and 2 trillion are laundered globally every year.
The transaction was signed in April 2023 and concluded in April 2024, following approvals received from the Competition Council.
Half of the real estate companies in Central Europe (49%) estimate investment to increase this year and only 19% expect a decrease (down from 51% in 2023).
The transition to circular economy slowed globally last year, as the vast majority of raw materials entering economies are still coming from virgin sources.
More than half of workers (54%) around the world identify increasing work stress as their top concern, according to the Deloitte 2024 Global Human Capital Trends report.
After steady improvement in terms of social progress over more than a decade, the global quality of life and wellbeing stagnated in 2023.
The merger process marks the first step in a series of similar initiatives that AROBS's management plans to implement in the long term.
French and German families will benefit from sizable price reductions this year, while Romanian ones will see an increase.
VTEX has achieved the AWS Consumer Goods Competency, distinguishing itself as a provider that has demonstrated technical proficiency and proven customer success.
CTPark Bucharest South is strategically located between Bucharest's ring road and the future A0 Motorway, with direct access to the A0.
Corinthia Hotels Group, the operator of Grand Hotel du Boulevard, actively supports local art and culture through initiatives that promote artists in the local communities.