M&A Romania Barometer 2012


Despite the political and economic uncertainties of 2012, the Romanian M&A market had a good year. However, the size of the market more than doubled in terms of value, with an estimated 106% increase based on disclosed deal values in the analyzed period (not including cross-border deals).

Modificari ale Codului fiscal


Amendments to the Fiscal Code (Ordinance no. 8/2013 published in the Official Gazette no. 54 / 23 January 2013)

E&Y_Rapid-Growth Markets Forecast


An increase in intra-regional trade, easing of monetary and fiscal policy, and higher demand for commodities will lead to an improvement in the economic outlook for the rapid-growth markets (RGMs) in 2013, according to Ernst & Young’s quarterly Rapid-Growth Markets Forecast (RGMF) released today.

EUR 20 billion is unnecessarily tied up in working capital in the CSE region alone


Still few companies are taking maximum advantage of their most accessible form of liquidity and cheapest form of financing: working capital – says Ernst & Young latest working capital management report, All tied up Central and South East Europe.

European Court of Justice (“the Court”) decision – BGZ Leasing (C-224/11)


The dispute in this case refers to the VAT treatment applicable to the recharges of insurance costs performed by leasing companies in the frame of leasing arrangements.

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