Romanian companies are confident their turnover will increase in 2013


Although on a downward trend from January 2013, responses on growth prospects remain significant in June 2013: 69% of Romanian business leaders think they will have an increase in turnover this year. However, the percentage of companies expecting moderate growth, between 5-10%, decreased by 5 percentage points from January to June 2013, while the percentage of companies anticipating negative growth between -5 and -10% also increased by 5 percentage points.

Companies' income from digital media will exceed revenues from the traditional media by 2015


Revenues of media and entertainment companies from digital will soon surpass the 50% level compared to the traditional, says the Ernst & Young study - Digital agility now! Creating a high-velocity media and entertainment organization in the age of transformative technology

Top 10 risks and opportunities for oil & gas in 2013 and beyond


You are a company activating in Oil & Gas. How can you be confident your company is well placed to meet the risks and challenges currently on the horizon? And how can you know that opportunities aren’t passing you by? This article will help you answer both of these questions, as it explores the top 10 risks and opportunities in the global oil and gas sector in 2013 and looking ahead to 2015, based on the Ernst & Young study Business Pulse, Oil & Gas.

Financing conventional energy – how and why


Investments in conventional energy in Romania are required considering the age of power plants and the value of emissions, as a natural consequence of lack of rehabilitation or modernization actions in the last decades. Certain levels of emissions (dust, nitrogen oxide and carbon dioxide) are imposed by the EU regulations and in order to achieve them, it is necessary for certain power blocks to be retired.

Liberalization of gas exports put into perspective


The immediate effects conveyed by the liberalization of natural gas prices on all stakeholders of this sector are explored by Alexandru Lupea, Audit Partner, Ernst & Young Romania

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