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Telekom Romania has released the sustainability report for 2017, which includes detailed information about the company’s accomplishments and its key projects that support our sustainable development efforts. Every year, the report facilitates the understanding of Telekom Romania’s commitment and the evolution of the group of companies focused on support... -
Teleste is pleased to reveal that the company’s power-saving innovation, Make Sense, has been announced as a winner in the Adaptive Power Challenge, a contest driving environment-friendly solutions to the cable industry’s energy challenges. Organized by SCTE∙ISBE, Liberty Global and Comcast, the winners of the challenge were announced yesterday at the SCTE... -
InnoEnergy, Europe’s sustainable energy engine supported by the EIT, has launched its inaugural impact report at The Business Booster (TBB) in Copenhagen. The report reveals that InnoEnergy’s work supporting energy start-ups is having a direct impact on Europe’s clean energy transition, with its start-ups having created 1,741 jobs across Europe and brought... -
The overall private labour market salaries in 2018 were slightly higher than the planned levels. Nationwide, salaries increased by 6.4% higher than the planned adjustment (5.7%), according to the 20th edition of PayWell Salary and Benefits Survey conducted by PwC Romania. “Off the charts salary increases are one of the incentives used by companies in the... -
InnoEnergy, the European innovation engine for sustainable energy, today launches its global call for electric storage start-ups including from Romania. Fifteen of the most innovative, sustainable energy start-ups will receive a tailored package of added-value services and a €100,000 cash prize will be awarded to the best one. Together with the European... -
ECOFIN (Economic and Financial Affairs Council of the European Union) has recently decided that EU Member States "most affected by VAT fraud" will be able to apply, by 30 June 2022, under very strict technical conditions, the generalized reverse charge mechanism for local operations (transferring the liability to pay VAT from suppliers to clients)*. "Given... -
300 visionaries are expected to enroll at international Space Apps competition. The event takes place with the support of the National Aeronautics and Space Administration (NASA). In Romania, the people interested to participate, can enroll, depending on the preferences, by clicking on the dedicated submission pages for București, Cluj-Napoca, Iași and... -
Kia Motors today launches a new pan-European advertising campaign for the new Kia e-Niro electric crossover – fronted by Oscar-winning actor Robert De Niro. As an ambassador for Kia’s new electric car, De Niro will highlight the e-Niro’s ability to eliminate barriers to electric vehicle ownership with a series of TV, print and digital advertisements. Kia... -
Deloitte Romania’s Corporate Finance practice has advised the shareholders of Fabryo, the leading Romanian decorative coatings manufacturer, in the successful sale of 100% of the shares to Akzo Nobel N.V.. The transaction was completed on October 1st, 2018, after receiving regulatory approvals. “We are pleased to have had the opportunity to assist the... -
The Council of the European Union adopted, on the 24th of September 2018, the prolongation of the period for the application of the optional reverse charge mechanism for supplies of goods and services susceptible to fraud. The same document approved the Quick Reaction Mechanism against VAT fraud. These two measures will be active until June 30, 2022*,...
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