After two years of the pandemic that slowed growth in many areas, the freight transport industry has grown rapidly, 2022 being a spectacular year for companies in the field, amid the growing demand for transport services, is the conclusion of DSV Road, one of the largest transport service companies in Romania and Europe. Thus, in this context, last year DSV […]

In 2023, retailers expect a 10% increase in sales of products or services compared to last year, as artificial intelligence and other emerging technologies will be used more intensively to attract customers and promote brands, shows an analysis made by White Image, the largest email marketing agency in Romania. At the same time, the company emphasizes that retailers are preparing […]

VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, has launched its new retail profitability research paper, “Three Investments to Drive Ecommerce Growth”, at NRF 2023, a retail event in New York. The research, powered by VTEX partner AWS, highlights important investment opportunities for retailers looking to earn profitable growth, despite the economic headwinds ahead. […]

Schneider Electric, the leader in the digital transformation of energy management and automation, unveiled Schneider Home – a first-of-its-kind home energy management solution for homeowners seeking savings, comfort, and energy independence – today at the Consumer Electronics Show (CES) in Las Vegas (booth #53711). The Schneider Home energy management solution includes a home battery for clean energy storage, a high-power […]

Limitless Agency, one of the main digital marketing companies in Romania, market leader in marketing technology and PPC and SEO services, announces a turnover of approximately 4 million euros this year and plans to expand to the first foreign markets, in the USA and in the UK, in 2023. “The stability we have on the Romanian market, together with the […]

Mazars, the international audit, tax and advisory firm has released the fifth edition of its Financial Reporting of European Banks report, which focuses on European banks’ expected credit loss (ECL) levels in H1 2022. The report is based on an analysis of information published in the 2022 interim reports of 26 banks across 11 European countries including the UK, France, […]

The amount of imported goods increases by 20% for winter holidays compared to other periods, the main products brought to Romania being Christmas trees, clothes, sweets, and specific Christmas decorations. Thus, 50,000 tons of goods enter the country per week for brick-and-mortar stores or online shops, according to DSV Road, one of the largest transport service companies in Romania and […]

In December, one of the most effervescent shopping periods of the year, retailers will see a decrease of between 5% and 20% in the number of products sold compared to the same month last year, but they will have higher revenues by about 5% in the context of high inflation, shows an analysis carried out by White Image, the largest […]

In the context of the blocking of Romania’s entry into the Schengen Area, the goods transport industry loses a series of benefits that would have reflected positively on the entire business environment, on numerous local businesses that depend on import and export and implicitly on the Romanian economy, according to DSV Road, the third largest global provider of transport and […]

Connections Consult SA, listed on the AERO market of BVB and the leader of the digital transformation market in Romania, signed a new significant contract with the Ministry of Justice for the implementation of the ECRIS management system, which facilitates access to justice and implements the electronic file. The project, one of the most complex in recent years in the […]

In the context of the pressing need to increase budget revenues to offset exceptional expenses generated by the current economic situation, as well as to identify any potential situations of profit shifting from one jurisdiction to another, tax administrations have launched a significant number of tax audits worldwide. Thus, in recent years, tax inspections carried out in Romania, which have […]

Global real estate advisor, CBRE, has advised CA Immo on the sale of its Romanian office platform to Pavăl Holding. The portfolio is comprised of seven high-quality office properties located in Bucharest, as well as the highly experienced Romanian management team. Its acquisition makes Pavăl Holding the city’s second-largest office landlord. “We are very happy to see that the Romanian […]