Conversely, two-thirds of large enterprises reported an increase in sales, reflecting their ability to leverage broader resources and more advanced strategies.
Beyond those already listed, a major challenge is that 54% of IT executives expect budget cuts, while 10% of respondents anticipate an increase in spending on innovation.
Increased IPO activity has heightened competitiveness among companies to meet the Bucharest Stock Exchange's criteria for "blue chip" status.
Nearly 60% of respondents see the potential of e-invoicing and digital reporting for trade to simplify compliance.
43% of all impact companies are restructurable or in imminent insolvency, and they generate 33% of the total turnover of impact companies.
The use of AI leads to increase in sales productivity and customer satisfaction and to decrease in marketing overhead costs.
Specifically, with this functionality, the ID images retrieved through the CEC app are automatically forwarded for processing for remittance for cashing.
Most companies in Romania, 7 out of 10 cases, risk severe damages or the closure of the activity, because they are not insured for their specific needs.
The U.S. - Romania Economic Forum: Partnership for Growth will gather officials from both administrations and leaders of American companies in Romania.
In today's dynamic economy, the financial year-end poses a significant challenge for Romanian companies.
European companies don't make the grade on DEI: the average DEI Index score is 5.69 out of 10. Only Switzerland got a passing grade (6.0)
Companies have less than three weeks, until 17 April 2024, to familiarise themselves with the concepts related to workplace harassment.
New EY survey finds boards must lean in and play a challenger role to establish sustainable business models.
More than a third (38%) of enterprises seek measured, incremental GenAI roll-out.
Romanian companies rely more and more on interpersonal and friendly relationships with employees and business partners, investing more in being different and memorable.
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.