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Articles - business environment

Foreign investors face the lack of skilled workforce in Romania

Romanian, German, and French investors in Romania consider that the lack of qualified personnel is one of the most important problems in the local business environment, according to a survey conducted last week by the Romanian-French Chamber of Commerce (CCIFER) and the Romanian-German Chamber of Commerce (AHK).

Success rate of privatizations in Romania, below 25%

The success rate of privatizations in Romania has been below 25% in the last 25 years.

Romania ranks 55th out of 189 countries for ease of paying taxes, says PwC

Romania has ranked 55th in PwC’s ‘Paying Taxes 2016’ global ranking, which measures the ease of paying taxes for a standard company across 189 economies all over the world, the company announced today.

The number of foreign investors in Romania, 2.2 pct. up since the beginning of the year

The National Trade Registry Office (ONRC) informs that the number of companies with foreign capital participation reached 203,099 at the end of September.

ONRC: Number of insolvent companies nine months into 2015, down 54.6pct

The number of commercial companies that filed for insolvency in the first nine months of this year was 7,575, down 54.62pct year on year, according to the data released on Friday by the National Trade Register Office (ONRC).

Romania is second in Deloitte top of dynamic IT companies in CE

Romania has placed second after Poland in a top of the most dynamic IT firms in Central Europe, based on turnover increase over a period of four years, shows Deloitte’s ranking CE Technology Fast 50 2015.

No more tax controls for large companies in Romania

Romania’s tax authority ANAF could introduce voluntary monitoring for companies starting mid-2016, according to Ionut Simion, country managing partner PwC Romania.

Romania moves up further in World Bank’s Doing Business ranking, despite little progress in the past year

Romania ranks 37th out of 189 countries surveyed in World Bank’s recently published Doing Business 2016 report, up from 48th in last year’s ranking, and from 72th two years ago.

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