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Florina Băbău is the new human resources manager of Ascent Group

The summer brouth a new Human Resources Manager in Ascent Group's team. Starting in mid-June, Florina Băbău joined the Ascent Group team to coordinate the human resources activity of the group.

Florina is a graduate of the Faculty of Economic Sciences of the Western University of Timisoara and holds numerous certifications in the field of management and human resources. Being very passionate about learning and discovering new ways of developing people, Florina is currently continuing her education at the School of Psychology and Psychodrama.

Professionally, Florina has over 15 years of experience in human resources, both in multinational and local companies, in various roles such as: Improvement Coordinator, and subsequently Training & Development Coordinator for Leoni Wiring Systems Arad, HR Manager within ARED group, or HR Recruitment & People Development at Coficab Eastern Europe. read more»

Ascent Group opens a new office in the North-Est of Romania

Ascent Group continues it's expansion plans, and July 2019 marks the opening of a new office, in  Piatra Neamț.

The expansion decision is based both on Ascent Group's strategic plan to be present in all Romanian's regions and the business potential of Romania's North-Eastern region, which is growing mainly on the IT&C serivces and shared services centers. An important role in the office opening decision played also identifiction of the right local partner.  read more»

What do Service Design and Design Thinking mean?

In case you have heard of Service Design and Design Thinking but do not know exactly what they are, this article is for you.

Have you ever entered a store, hotel or restaurant and felt that something was not entirely how it is supposed to be? That what you are looking for is not in the right place, that it takes too long for you to be served, or that many of the employees’ actions or operations are useless? Have you ever accessed a certain website and felt it was very complicated to find what you were looking for, doing unnecessary mouse movements and countless clicks until you found the button you needed

Have you ever felt that the people inside your organization who provide you with internal services (legal, HR, purchasing, ICT, etc.) do not always respond promptly and efficiently enough to your needs? Or that your whole experience in the organization is far from desired? read more»

Ascent Group exceeds the threshold of 3 million euros in 2017!

2017 was a year of business growth and consolidation for Ascent Group, which was confirmed by the reported financial results. With a turnover increase of 14.9%, the group exceeds its own growth forecast, estimated at the beginning of the year at 10%, and for the first time in its history it has reached an annual turnover of EUR 3 million.

Not only the turnover shows a positive development, but all the main indicators of the group registered increases in 2017, respectively all types of services provided by the companies within the group had positive dynamics.

The year 2017 represented also a key year in the recognition of Ascent Group as a global training programs provider. This year, the training and coaching division of the group has won several important international projects, thus engaging in the formation of management teams in different countries in Central and Eastern Europe. read more»

Finally, we will get rid of the stamp! Sanctions for the employees of the public institutions, if requested after July 30!

Even if it seems hard to believe, in Romania, we will get rid of the stamp requirement!

This provision actually already existed from 2015, when a paragraph of the Law 316 already eliminated the corporate obligation to stamp the claims, declarations or other documents in relation to institutions or public authorities. However, a large proportion of the public sector employees continued to request abusively the application of the stamp on these documents.

In order to improve this situation, on 30 June 2017 it was published in the Official Gazette no. 507 a Government Ordinance that not only reaffirms the lack of stamp obligation, but also qualifies officials`demand to apply the stamp as being abusive. read more»

What news brings September 1?

From September 1, 2013 several changes to the Tax Code and its implementing rules shall take effect. Among them, are worth mentioning :

Introduction of the reduced VAT rate TVA of 9% for backery products

This will apply to the following products:

  • all kinds of bread
  • croissants, rolls, sticks, pretzels, minibaghete, batons and braids ;
  • white wheat flour, milled wheat flour, wheat flour and dark rye flour ;
  • triticum spelta and meslin wheat - CN code 1001 99 00, and rye - CN code 1002 90 00

Excise tax will be extended to more products.

New categories of luxury products will be subject of the excise tax, such as: read more»

The minimum wage for 2013 in Romania was changed!

The recently discussed chenges regarding the minimum wage in Romania became a fact. Thus, in the Official Gazette (Part I, no. 52.2013) was published the Decision no. 23/2013, which states the minimum gross base salary guaranteed in Romania.

The new rates are:

  • starting with February 1, 2013, the gross minimum wage is 750 lei per month for a full-time program of 168,667 hours in average per month
  • starting with July 1, 2013, the gross minimum wage is 800 lei per month for a full-time program of 168,667 hours in average per month

Microcompanies. What's new in 2013?

The beginning of the year brought some changes related to the legal and fiscal status of the microcompanies in Romania. Specifically, based on the Government Ordinance no. 8/2013, published in the Official Gazette no. 54 from 23 January 2013, the article 1121, c) of the Fiscal Code was modified, it's new content being: „obtained revenues that do not overcome the amount of 65.000 euro”.

In other words, the 100.000 eur limit for revenues that allowed a company to qualify as microcompany, valid until last year, was reduced to 65.000 euro.  read more»

New changes in the Fiscal Procedure Code

Tuesday, August 28th 2012, the Government Decision no. 16/2012 was published, modifying and completing Government Decision 92/2003 regarding the Fiscal Procedure Code.

Modifications will apply starting August 31st 2012, except dispositions regarding closing of debts (pct. 3), which will apply starting November 1st 2012. 



Most important changes:

 read more»

Ascent Group opens a new office in Sibiu

Ascent Group continues its expansion plans by opening a new office in Romania, in Sibiu.

Ascent Group's office in Sibiu will offer clients all types of services the consulting group Ascent is offering, but also aims to become a catalyst for enhancing business relations between the central part of Romania and other countries in the region.

Not last, Sibiu office aims to provide support to all foreign investors intending to start a business in Transylvania.

The office in Sibiu is the 7th office opened by Ascent Group, after those in Bucharest, Arad, Chisinau, Limassol, Sofia and Belgrade.

The contact details where you can find our new office are:

Ascent Group Sibiu
Revolution street no. 1, apt. 15
Tel: +40 269 211090
fax: +40 269 211722

We look forward to see you in Sibiu!

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