04.19.2016

The level of perception on bribery and corruption is decreasing in Romania for the third consecutive year, according to EY 14th Global Fraud Survey. more

04.18.2016

Companies operating in the cultural and creative industries are faced with the pressure of constantly innovating to stay competitive, but they should stop focusing only on technical aspects, in terms more

04.14.2016

Over half of CEOs in Romania are present on social media networks, most of them on LinkedIN (67%), followed by Facebook (61%) and Twitter (16%), according to "The social CEO" study by EY Romania. more

04.05.2016

Seven in ten entrepreneurs in Romania (69%) finance their startups from own funds, including personal loans and salaries from another job, according to EY study “Romanian Startups Barometer”. more

03.30.2016

The confidence of the business environment in the market evolution has increased at the beginning of the year to the highest value since 2012, Bogdan Ion, EY Romania Country Managing Partner, stated. more

02.25.2016

Nearly nine in ten companies (87%) will increase salaries this year, 81% plan to boost investments, while 71% will increase in the employees number in 2016, according to a survey conducted by more

01.26.2016

Nearly three quarters of companies in Romania use social media for promotion, sale or staff recruitment purposes, with 91% of them saying their use offers a competitive advantage over the companies more

10.27.2015

The transaction whereby Italian group UniCredit bought the stake held by businessman Ion Tiriac in Unicredit Tiriac Bank, for over $770 million, is the largest operation on the mergers and more

10.22.2015

Nearly 30% of family businesses in Romania with revenues exceeding EUR1 million have been handed to the second generation of entrepreneurs, while family members are recommended to have professional more

10.01.2015

Top executives in Romania are optimistic about the evolution of their business and economy this year, but complain about low competitiveness, according to a survey conducted by Ernst&Young. more

07.29.2015

Romanian entrepreneurs prefer a simplification of fiscal rules and regulations on tax calculation rather than tax cuts, given that a start-up needs 159 hours a year to "navigate" through the fiscal more

07.17.2015

Ernst & Young Assurance Services will be the new financial auditor of BRD-SocGen, the second largest bank by assets on the local market, replacing Deloitte. more

07.13.2015

Consultancy company Ernst & Young (EY) will draft, over the next six months, a performance-based bonus system for the middle management of Romanian state-run gas producer Romgaz Medias (SNG.RO). more

06.22.2015

Consumer spending in Romania is registering its highest growth rate since 2008 and is the main driver of economic development, according to the 2015 EY Eurozone Forecast. more

06.11.2015

Nearly 40% of the employees of large business in Romania consider corruption and bribery as widespread phenomena in the local business environment, according to an EY survey. more

05.14.2015

Romanian entrepreneurs consider that business development should be supported by tax cuts, tax incentives, reduced bureaucracy, simplified laws and Tax Code, state-guaranteed loans, especially for more

05.14.2015

Small-and medium-sized enterprises (SMEs) in Romania create 44% of the gross value added in the economy, lower than 59% created by SMEs in the European Union, although their share in total number of more

04.02.2015

Romanian-owned companies are more optimistic that foreign businesses operating in Romania regarding growth in turnover, salaries or staff numbers this year, according to a survey released Thursday by more

03.11.2015

Nearly two thirds of medium-sized businesses in Romania (64%), with turnovers of EUR10 million to EUR0.5 billion, expects a growth in turnover this year, above the EU average of 50%, according to a more

02.23.2015

The lowering of the value added tax should be supported by measures to fight tax evasion and increase tax collection, according to EY consultants, who also expect government to cut investments for more

02.20.2015

The Romanian government can cover the budget deficit generated by the recent fiscal measures from the underground economy, which has plenty of resources, if authorities manage to collect such funds, more

11.21.2014

Romania has attracted 311 foreign direct investment (FDI) projects between 2009 and 2013, nearly half the level registered between 2004 and 2008, which subsequently led to job creation falling by more more

10.07.2014

EY reported $27.4 billion global revenue in the financial year ending 27 June, 2014, 6.8% higher on the year, while its Romanian unit, with over 1,000 clients, registered the highest growth rate of more

09.18.2014

Romania fell one position, to 32, in a quarterly ranking of the most attractive countries for investments in renewable energy drawn up by EY, which notes activity in Romania has slowed in recent more

09.16.2014

The representatives of Romanian companies became more and more pessimistic as regards their business outlook, with a larger number of companies envisaging negative growth values in August (12% more