Press releases
Insights
Press releases
You will find here our Group and local press releases, announcing the latest news and changes.
Conscious, collaborative, connected: how the luxury sector is “navigating the now” and influencing the future

11 February 2021
• New customers and new demands leading luxury brands to address sustainability concerns and build cross-sector coalitions
• Wealthy Chinese customers, HENRYs (high-earners-not-rich-yet), and Gen Z driving transformation and growth in luxury
• Romania’s luxury market: living circular is the new goal
• The online fashion market in Romania is expected to grow by 20% in 2021
• New customers and new demands leading luxury brands to address sustainability concerns and build cross-sector coalitions
• Wealthy Chinese customers, HENRYs (high-earners-not-rich-yet), and Gen Z driving transformation and growth in luxury
• Romania’s luxury market: living circular is the new goal
• The online fashion market in Romania is expected to grow by 20% in 2021
Mazars announces good 2019/20 results, confirming its strong position on the audit, tax and advisory market

8 February 2021
Mazars’ good 2019/20 results confirm its strong position on the audit, tax, and advisory market, allowing the group to reaffirm its commitment to shaping a healthier audit industry
Mazars’ good 2019/20 results confirm its strong position on the audit, tax, and advisory market, allowing the group to reaffirm its commitment to shaping a healthier audit industry
A reflection of 2020 in the transfer pricing analysis for Romanian manufacturers

4 February 2020
A reflection of 2020 in the transfer pricing analysis for Romanian manufacturers: imbalances in the supply chain of the Groups, low-capacity operation or even the cessation of production
A reflection of 2020 in the transfer pricing analysis for Romanian manufacturers: imbalances in the supply chain of the Groups, low-capacity operation or even the cessation of production
Four main topics set the latest recommendations published within the OECD’ Guidance on the implications of the COVID-19 pandemic

13 January 2021
- comparability analysis;
- losses and the allocation of COVID-19 specific costs;
- government assistance programmes;
- advance pricing agreements.
- comparability analysis;
- losses and the allocation of COVID-19 specific costs;
- government assistance programmes;
- advance pricing agreements.
The media market is reshaped by three pillars: technology, work environment, and consumer behaviour

3 November 2020
The COVID-19 pandemic has brought a lot of uncertainty and insecurity, negatively altering industries around the world. In Romania, since March, industries such as transport, tourism, HoReCa, automotive, or production have been seriously affected. Many companies in various fields of activity have been forced to discontinue or reduce their activity, and the decrease in revenues has led to an immediate adjustment of the budgets created before the pandemic.
The COVID-19 pandemic has brought a lot of uncertainty and insecurity, negatively altering industries around the world. In Romania, since March, industries such as transport, tourism, HoReCa, automotive, or production have been seriously affected. Many companies in various fields of activity have been forced to discontinue or reduce their activity, and the decrease in revenues has led to an immediate adjustment of the budgets created before the pandemic.
Mazars rebrand marks key milestones

21 October 2020
Mazars, the international tax, audit, and advisory firm, today unveils its new global brand identity in over 90 countries and territories, marking a key milestone in the firm’s evolution. The rebrand reflects Mazars’ aspiration to bring choice and a different perspective to the audit, tax, and advisory market, and reaffirms its commitment to building a fair, prosperous, and sustainable world.
Mazars, the international tax, audit, and advisory firm, today unveils its new global brand identity in over 90 countries and territories, marking a key milestone in the firm’s evolution. The rebrand reflects Mazars’ aspiration to bring choice and a different perspective to the audit, tax, and advisory market, and reaffirms its commitment to building a fair, prosperous, and sustainable world.
COVID-19 and the employee experience: real-time communication and fostering compassionate leadership

14 October 2020
As we move through this global health and economic crisis, companies are coping with their respective challenges, mostly focusing on re-designing their business strategy, a task that proves to be very difficult under these extraordinary conditions. Several companies have created dedicated task force teams to develop strong action plans that support the new reality, which are guided by numbers and statistics, and which are missing the very important aspect that kept the company alive during the toughest times: the people.
As we move through this global health and economic crisis, companies are coping with their respective challenges, mostly focusing on re-designing their business strategy, a task that proves to be very difficult under these extraordinary conditions. Several companies have created dedicated task force teams to develop strong action plans that support the new reality, which are guided by numbers and statistics, and which are missing the very important aspect that kept the company alive during the toughest times: the people.
The Labor Code, in support of the human resources team through the expert in employment legislation

9 October 2020
The Labor Code was recently regulated by an important and long-awaited measure in the human resources sector: the Law 213/2020 states now, among other things, the need of a company to involve in their activity an expert specialised in employment legislation, regardless of whether it is an internal or an external one.
The Labor Code was recently regulated by an important and long-awaited measure in the human resources sector: the Law 213/2020 states now, among other things, the need of a company to involve in their activity an expert specialised in employment legislation, regardless of whether it is an internal or an external one.
Romania is losing EUR 6.5 billion in VAT revenues, according to the latest study of the European Commission

15 September 2020
At the end of last week, the European Commission released the latest study on the VAT gap registered by the Member States in 2018. According to this study, EU countries lost almost EUR 140 billion in 2018, with nearly EUR 1 billion less as compared to 2017.
At the end of last week, the European Commission released the latest study on the VAT gap registered by the Member States in 2018. According to this study, EU countries lost almost EUR 140 billion in 2018, with nearly EUR 1 billion less as compared to 2017.
Supporting employers: what grants do they receive to continue the teleworking system?

3 September 2020
Almost 6 months have passed since we have been facing, globally, one of the strongest challenges of humanity, both in terms of health and economy. At an extremely difficult time for all of us, support measures for employees and employers are expected more than ever.
Almost 6 months have passed since we have been facing, globally, one of the strongest challenges of humanity, both in terms of health and economy. At an extremely difficult time for all of us, support measures for employees and employers are expected more than ever.
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