Economy | 18 April, 2024 at 8:47 PM
Year-end closing: clarifications and recommendations for companies
In today's dynamic economy, the financial year-end poses a significant challenge for Romanian companies.
In today's dynamic economy, the financial year-end poses a significant challenge for Romanian companies.
Companies have less than three weeks, until 17 April 2024, to familiarise themselves with the concepts related to workplace harassment.
Business has its eyes firmly set on a positive future, and leaders are looking to expand and grow with confidence.
The Public Country-by-Country Reporting Directive (Public CbCR) was published in the Official Journal of the European Union (EU) on 1st December, 2021.
The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.