SORA & ASSOCIATES (Romania) joins international colleagues from 38 countries at Alliott Group’s worldwide conference in Madrid

Professional advisors from SORA & ASSOCIATES were among the 138 delegates from 78 independent accounting and law firms in 38 countries who were in attendance in Madrid for the 2019 Worldwide Conference of Alliott Group, the firm’s international alliance. During… Read moreSORA & ASSOCIATES (Romania) joins international colleagues from 38 countries at Alliott Group’s worldwide conference in Madrid

C-192/18 Commission v Poland. Polish rules relating to the retirement age of judges and public prosecutors, adopted in July 2017, are contrary to EU law

In today’s judgment the Court, upholds the action for failure to fulfil obligations brought by the Commission against the Republic of Poland and held that that Member State had failed to fulfil its obligations under EU law, first, by establishing… Read moreC-192/18 Commission v Poland. Polish rules relating to the retirement age of judges and public prosecutors, adopted in July 2017, are contrary to EU law

Deloitte and Termene.ro launch PartnerSCAN app which assesses business partners’ potential tax risk

Deloitte Romania launches, in partnership with Termene.ro, PartnerSCAN application, which allows companies to assess the potential tax risk of their Romanian business partners. According to the VAT legislation in force, the VAT paying companies must prove they have checked their… Read moreDeloitte and Termene.ro launch PartnerSCAN app which assesses business partners’ potential tax risk

PayWell 2019: 25% of companies consider importing employees to cover their workforce shortage. On the long-term, other solutions are needed

A quarter of the companies that participated in the PayWell 2019 survey conducted by PwC Romania are considering workforce import to cover the shortage of employees, in particular in low skilled and seasonal workers. Companies that have expressed this intention… Read morePayWell 2019: 25% of companies consider importing employees to cover their workforce shortage. On the long-term, other solutions are needed

PwC Study: 80% of companies that strategically address cybersecurity risks manage them more efficiently

Nearly 80% of the companies that have implemented business-driven cybersecurity strategy have anticipated and managed more efficiently the new risks associated with the activity digitization projects, according PwC Digital Trust Insights global survey. Also, 60% of these companies are significantly… Read morePwC Study: 80% of companies that strategically address cybersecurity risks manage them more efficiently

Deloitte analysis: The M&A activity slowed down in the third quarter of 2019, but remains solid

The mergers and acquisitions (M&A) market was solid in the third quarter of 2019, with 29 transactions announced, one more compared to the similar period of 2018. According to Deloitte estimations, the total volume, including transactions whose values were not… Read moreDeloitte analysis: The M&A activity slowed down in the third quarter of 2019, but remains solid

NNDKP advised a joint venture between Allianz Real Estate and VGP in a EUR 34 million facility agreement granted for an industrial project in Romania

NESTOR NESTOR DICULESCU KINGSTON PETERSEN (NNDKP) advised a joint venture between Allianz Real Estate, the dedicated real estate investment manager within the Allianz Group, and VGP, a leading pan-European developer, manager and owner of high-quality logistics and semi-industrial real estate,… Read moreNNDKP advised a joint venture between Allianz Real Estate and VGP in a EUR 34 million facility agreement granted for an industrial project in Romania

Software companies dominate the Deloitte 2019 Central Europe Technology Fast 50 ranking

Software companies dominate the Deloitte 2019 Central Europe Technology Fast 50 ranking, with 31 entries in this year’s competition from eight countries. The media and entertainment field is the second best represented in the ranking, with ten companies, while the… Read moreSoftware companies dominate the Deloitte 2019 Central Europe Technology Fast 50 ranking