06.27.2023

Growth in bank lending across the eurozone is forecast to slow from a 14-year peak in 2022 (of 5%) and record modest gains of 2.1% in 2023 and 1.7% in 2024, as demand for loans across the region more

06.21.2023

Mihai Draghici will be taking over the position of Partner of EY Romania in the Consulting department, starting July 2023. more

06.06.2023

EY Romania has advised the shareholders of Clarfon, the largest retail chain of hearing aids and related ENT equipment in Romania, on the sale to Value4Capital, the lower and mid-market Polish and more

05.31.2023

UK and European headquartered global banks are reporting strong progress towards Basel III compliance, well ahead of the January 2025 implementation deadline, according to a new EY research. more

05.24.2023

The current role of the CFO in Romania today is more oriented on protecting and optimizing value (38%) than on growing value (24%), while the future ideal state shifts the focus of the Finance leaders more

05.17.2023

Consumers globally continue to reign in their spending amidst a challenging cost-of-living environment, with 94% of consumers now worried about the rise of living costs as they continue to navigate more

05.12.2023

Foreign direct investment (FDI) into Europe stalled in 2022, rising only 1% compared with 2021, and remains 7% lower than in 2019, just before the COVID-19 pandemic hit, according to the annual EY more

05.10.2023

Employees are embracing the ‘cross-border career’, with 93% saying that working internationally would be “life-changing,” according to the EY 2023 Mobility Reimagined Survey. more

05.04.2023

EY assisted the Carrefour Group in the signing of the agreement with Louis Delhaize Group to buy the latter’s Romanian business, which includes 10 Cora hypermarkets and 8 Cora Urban stores, along more

04.25.2023

Euro area economic growth surprised on the upside, with stagnant GDP in Q4/2022 and likely modest growth in Q1/2023, quelling previous expectations of an imminent recession, as per the EY European more

04.11.2023

A new EY survey of more than 200 companies across 15 countries in Europe has identified a critical link between effective board-level sustainability governance and business performance. more

04.10.2023

The Romanian mergers and acquisitions (M&A) market recorded 57 transactions in the first three months of 2023, excluding transactions with stakes acquired that are below 15%, which is a deal volume more

04.03.2023

The number of tax audits companies are subject to is expected to increase by more than a third over the next two years as per 2023 EY Tax Risk and Controversy Survey. more

03.22.2023

Electric vehicle (EV) adoption has accelerated faster than predicted considering that globally EV sales doubled in 2021 and jumped 55% in 2022 to account for 13% of all vehicles sold, according to a more

02.16.2023

Romania must implement the European Fair Minimum Wage by 2024. The provisions of the European Directive and its impact on Romanians are included in an analysis by Claudia Sofianu, Partner, Income Tax more

01.18.2023

The 500 largest family businesses in the world are vital to the health of and are growing faster than the global economy. Collectively, they generate US$8.02 trillion in revenues and employ 24.5 more

01.13.2023

The vast majority of CEO respondents (98%) are bracing for an economic downturn characterized by geopolitical tensions, supply chain disruption, and ongoing COVID-19-related uncertainty, but appear more

01.12.2023

Electric vehicle (EV) sales in the US, China and Europe will outpace all other engines three years sooner than previously expected, according to new EY research and analysis. more

01.04.2023

The rise in the cost-of-living has driven consumers to re-adjust spending priorities and the failure of telecommunications companies to respond to this changing mindset is now the biggest threat more

12.23.2022

The global IPO market took a sudden turn in 2022, with the number of deals plunging by 45% and receipts sinking by 61% from the 2021 record, reveals an EY survey. more

12.22.2022

The majority of Romanians spent less on food products in 2022 and cut down on their savings and investments, according to the latest Future Consumer Index survey conducted by EY Romania experts at the more

12.12.2022

Faced with high inflation, an energy crisis and falling consumer confidence, the biggest opportunity for tech companies in 2023 is to adopt an active mergers and acquisitions (M&A) strategy – more

12.07.2022

Energy is now top of mind for consumers as it increasingly impacts their lifestyles and their wallet, according to the EY ‘Energy transition consumer insights’ report which surveyed 70,000 more

11.17.2022

Governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty, more

11.07.2022

The returns expected by investors kept the upward trend over the last year, but with a moderate advance, as the cost of capital maintained its ascending path in the third quarter of 2022, outlined more