A new report released today by KPMG in Romania reveals that today’s consumers have high standards. They expect to receive great value for money for the products and services they buy, and to have excellent interaction with employees as well as flawless service. The Value for Money Economy We are wrapping up 2021 with a look at the state of […]

Last week, the European Commission published the VAT Gap report for 2019. The good news is that, at the European Union (EU) level, the VAT collection rate has increased again, and Member States have lost about €7bn less than the previous year. However, if we look at the absolute value of the VAT amount that the tax authorities have failed […]

The number of businesses globally considered ‘Fit for the Future’ (FFTF) and better prepared to deal with future challenges – such as increased competition, changing employee expectations, and rising customer demand – has grown, according to a major new study from Vodafone Business. An overwhelming majority (94%) of FFTF businesses believed they were well-prepared for the risks facing them, compared […]

Data from a survey conducted by Revolut Junior, the account for kids and teens with 1 million users all over the world, reveals European parents’ habits and attitudes towards finances for their children. The data comes from a survey conducted by Revolut Junior, with almost 5,000 participating European parents. The data shows, among other things, how much weekly pocket money […]

Investments in property in Central & Eastern Europe (CEE) for H1 2021 were down by a whopping 22% compared to the same period a year earlier, which may come as no surprise, given the immense economic repercussions of the COVID-19 international health crisis on most sectors. Indeed, real estate development, investment and lending to the sector have taken a beating […]

Mazars, the international audit, tax and advisory firm, launched the ‘Unlocking trust: why global compliance is on the business agenda’ study. Based on a survey of 892 senior accounting and tax compliance professionals working in multinational companies from 25 countries, the study highlights the opportunities and risks associated with compliance now and in the future. Opportunity to create value Compliance […]

The oil-rich Nordic nation of Norway has been ranked number one in KPMG’s first-ever Net Zero Readiness Index (NZRI). The report compares the progress of a selection of countries in reducing the greenhouse gas emissions that cause climate change and assesses their preparedness and ability to achieve Net Zero by 2050. Using 103 indicators, recognized as key drivers to achieving […]

From the internal studies done by CIEL Romania, one of the most important software producers for entrepreneurs, it resulted that 45% of the Romanian companies made investments in digitalization during the pandemic. In more than half of the cases (61.2%) the amounts allocated to the automation of processes were smaller than 1,000 euros, in the rest of the situations the […]

The third annual edition of the Digital Quality of Life Index (DQL) ranks Romania 34th among 110 countries. Covering 90% of the global population, the DQL study is conducted by the cybersecurity company Surfshark and evaluates countries based on a set of five fundamental digital wellbeing pillars. Romania ranks within TOP 30 internet affordability (ranks 27th), e-security (22nd), and internet […]

A new report by Juniper Research has found that the enhanced capabilities of 5G are driving enthusiasm and awareness of private cellular networks; bringing annual spend on network hardware and services to almost $12 billion globally by 2023, growing 116% from the $5.5 billion expected for 2021. 5G deployments have a key role to play here: over 60% of base […]

Cybercrime is one of the world’s largest industries and defending against it is one of the largest IT spends companies make these days. HPE’s 360-degree view of security is meeting that challenge. When we think of large, global industries, there are very few in the massive realm of trillions of dollars. The global healthcare industry, the global education market, the […]

The total addressable market size of business process outsourcing (BPO) services in India, in terms of spending opportunity, is set to grow at a compound annual growth rate (CAGR) of 5.8% between 2020 and 2025, driven by huge enterprise push for outsourcing knowledge-based and vertical-specific processes, says GlobalData, a leading data and analytics company. Pragyan Tarasia, Senior Technology Analyst at […]