Romania is not the only country in this situation – in more than 50% of the world's states, the same thing happened, including at the European Union level.
A key challenge in 2024 was the partial removal of tax incentives for the IT industry, resulting in a sharp rise in operational costs.
81.6% of companies in the IT sector felt a negative and strongly negative impact of the partial elimination of tax breaks in 2023.
Romania is uniquely positioned to capitalize on the benefits of acquiring and operating the F-35 Lightning II for the upcoming decades.
In the dynamic realm of the Information Technology (IT) sector, 2024 is poised to be a transformative period defined by a myriad of trends and challenges.
Private healthcare chain Medicover has announced the acquisition of Synlab Group's local businesses in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia for €71.3 million.
The European Investment Bank (EIB) has allocated €50 million for the upgrading of key rail border crossing points in Ukraine.
Hils Development, the real estate company led by entrepreneur Ionuț Negoiță, is set to deliver the first phase of its mixed-use scheme Hils Republica in June.
The Environmental Fund Administration (AFM) released a new list on Wednesday, featuring 10,418 applications approved under the Green Photovoltaic Homes Program.
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.