The report finds that managing risk can no longer be a siloed activity relegated to annual planning or discussions between high-ranking officials.
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.
Oil major OMV Petrom has announced a significant natural gas discovery in Spineni, approximately 70 km north-east of Craiova, southern Romania.
Romania's Government aims to double the special turnover tax for banks to 4% as part of a wider fiscal package designed to balance public finances.
Romanian PM Ilie Bolojan announced on Wednesday a raft of measures designed to support the reduction of the country's budget deficit.
EY Romania is pleased to announce the promotion of Răzvan Ungureanu to Partner within its Tax Advisory department, effective July 2025.
Ecolet, a digital marketplace for courier services part of the Alsendo Group, has acquired the commercial operations of Curier Online in Romania.