BUSINESS
Vlad Boeriu
Photo: Deloitte Romania

Deloitte, recognized as the CEE Tax Firm of the Year by the International Tax Review in 2021

de HotNews.ro
Luni, 13 Sept 2021 English | Business
Deloitte was recognized, for the third year in a row, as the Central and Eastern European (CEE) Tax Firm of the Year at the 2021 edition of the Europe, Middle East and Africa (EMEA) Tax Awards, organized by the prestigious International Tax Review (ITR) publication. In total, Deloitte won 26 awards across the region, including EMEA Tax Firm of the Year, Tax Innovator of the Year, Tax Technology Provider of the Year, and Compliance and Reporting Firm of the Year. The winners are designated based on reviews conducted by ITR journalists, who focus mainly on the complexity, client impact, scale, and the innovation employed in the projects developed during the past twelve months.
Irina Dimitriu, Partener la Reff & Asociații | Deloitte Legal
Photo: Deloitte Romania

Reff & Associates | Deloitte Legal launches SecuRE, a digital tool that helps real estate owners and tenants manage regulatory requirements

de HotNews.ro
Marţi, 7 Sept 2021 English | Business
Reff & Associates | Deloitte Legal launches SecuRE, a proprietary digital tool that was created to help real estate owners and tenants manage regulatory compliance requirements, regardless of the kind of property they own or use and of the industry in which they activate. The web-based app facilitates the collection, review and archiving of permits, contracts, authorizations and any other regulatory document and allows users to archive and manage online the entire compliance process, to prioritize and to project manage the remediation process in case on non- compliance. SecuRE also integrates the legal knowledge of Reff & Associates | Deloitte Legal’s experts in the real estate regulatory compliance field, by indicating to users what kind of documents they need based on the information about the real estate asset they provide within the app.

Deloitte study: education, corruption and climate change are the top three issues of greatest concern for Romanian Millennials and Gen Zs

de HotNews.ro
Miercuri, 1 Sept 2021 English | Business
The top three issues of greatest concern of the Romanian Millennials and Generation Z youngsters are the education and development of personal and professional skills (37% of Millennials and 38% of Gen Zs), the level of corruption in business and politics (35% and 30%, respectively) and climate change and environmental protection (29% and 27%, respectively), according to Deloitte Global Millennial and Gen Z Survey 2021, conducted in 45 countries around the world, including Romania. They differ to a great extent from the global results, according to which the Millennials’ greatest concerns are related to health care and disease prevention (28%), unemployment (27%) and climate change and environmental protection (26%), while Generation Zs put the climate change first (26%), followed by unemployment (25%) and health care.
Vlad Boeriu
Photo: Deloitte Romania

Deloitte study: health care CFOs, concerned about financial uncertainty. Technology investments, top priority for 68% of them

de HotNews.ro
Marţi, 31 Aug 2021 English | Business
Health care CFOs consider that financial uncertainty remains their main concern for the period ahead, with two thirds of them expecting revenue growth this year after a significant decrease in 2020, which, however, will be largely offset by continuing growth in costs, according to Deloitte survey „The changing role of health care finance leaders”. At the same time, 68% of participants state that digital technology investments are top capital spending priorities, given that traditional business models have demonstrated their limits during the COVID-19 pandemic.
Echipa Deloitte
Photo: Deloitte Romania

Deloitte assisted the asset management firm The Rohatyn Group in the sale of the pet care platform Pet Network to the private equity firm A&M Capital Europe

de HotNews.ro
Joi, 26 Aug 2021 English | Business
Deloitte assisted the asset management firm The Rohatyn Group (TRG) in the sale of Pet Network, the leading omni-channel pet care platform in South-Eastern Europe, present through multiple brands in Romania, Croatia, Slovenia, Serbia and Bulgaria, to the private equity firm A&M Capital Europe. The transaction is expected to close in the third quarter of 2021.
Raluca Bâldea
Photo: Deloitte Romania

Deloitte study: back-to-school spending is increasing. Digital learning tools are replacing traditional school supplies

de HotNews.ro
Miercuri, 25 Aug 2021 English | Business
Back-to-school spending is projected to rise by 16% this year compared to 2020, reaching USD 32.5 billion, and digital learning tools are replacing traditional school supplies, driving the sales for technology-based products for students up 37% YoY, according to Deloitte 2021 back-to- school survey. For buying school-related technology products, 49% of participants consider online stores as first option, and 41% are planning to visit discount retailers.
Andrada Tanase, Monica Tariuc, Vlad Balan, Ion Efros
Photo: Deloitte Romania

Deloitte Romania strengthens management team by promoting four employees to directors in the risk advisory, tax, financial advisory and audit and assurance practices

de HotNews.ro
Marţi, 24 Aug 2021 English | Business
Deloitte Romania strengthens its management team by promoting four employees to the position of directors in the risk advisory, tax, financial advisory and audit and assurance practices, following their contribution and commitment to serving clients and to developing their teams. Andrada Tanase has been promoted to Director in the Risk Advisory practice, Monica Tariuc has been named a Global Employer Services Director within the Tax practice, Vlad Balan has been appointed Financial Advisory Director, and Ion Efros, Audit and Assurance Director, effective September 1, 2021.
Andrei Ionescu
Photo: Deloitte Romania

Deloitte study: cost is the most important factor in consumers’ decision to subscribe to a video streaming service; the pandemic has amplified the appetite for video games across generations

de Deloitte Romania
Miercuri, 11 Aug 2021 English | Business
Cost is the most important factor in deciding to subscribe to a brand new video streaming service for almost half of the consumers (46%), according to Deloitte Digital Media Trends 2021 report, driving 55% of respondents to choose free, ad-supported video services. The report also highlights that price sensitivity is key across all types of entertainment services, as respondents using video (49%), gaming (38%) and music (37%) services would cancel or stop if the price for the services increased.

Claudiu Ghiurluc
Photo: Deloitte Romania

webPR: Deloitte Romania leadership strengthens through the appointment of Claudiu Ghiurluc as Audit Partner

de Deloitte Romania
Marţi, 6 Iul 2021 English | Business
Deloitte Romania announces the appointment of Claudiu Ghiurluc, a senior professional with outstanding contributions in serving clients and developing teams, in the role of partner within the audit and assurance practice.
Alexandra Smedoiu, Partner, Deloitte Romania, and Real Estate Industry Leader
Photo: Deloitte Romania

Deloitte study: after a year of uncertainty, optimism returns to the real estate market in Central Europe

de Deloitte Romania
Vineri, 2 Iul 2021 English | Business
The real estate market professionals in Central Europe returned to the level of optimism registered before the pandemic. Almost 40% of them expect an improvement in the general economic climate this year, 46% have positive expectations regarding real estate activity, and 48% rely on increasing the volume of transactions, according to the Deloitte Real Estate Confidence Survey for Central Europe 2021, conducted in the first quarter of this year in four countries in the region – Romania, Poland, the Czech Republic and Hungary. At the same time, 58% of the respondents expect the availability of investment products to increase in countries where they operate.
Sorin Elisei - director Deloitte România
Photo: Deloitte Romania
webPR

Deloitte study: 90% of institutional investors consider climate change risks before deciding to invest in a company

de Deloitte Romania
Marţi, 29 Iun 2021 English | Business
Climate change risk is an increasingly significant driver in investment models and has been cited by almost 90% of institutional investors as the most significant ESG (environmental, social, governance) factor influencing their decisions to invest in a company, according to Deloitte’s report “Building credible climate commitments - a roadmap to earning stakeholder trust”.
Deloitte Technology Fast 50 EC
Photo: Deloitte Romania

webPR: Deloitte Romania opens applications for the 22nd edition of Technology Fast 50 Central Europe competition

de Deloitte Romania
Miercuri, 23 Iun 2021 English | Business
Deloitte Romania opens application for the 22nd edition of Technology Fast 50 Central Europe competition, addressed to large and small local companies in the technology sector, public and private, which register accelerated growth. Providing both established and emerging technology companies the platform to highlight their leading position in their field of activity, the competition is held simultaneously in other 17 Central European countries, namely Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Kosovo, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Serbia, Slovakia and Slovenia.
John Ploem, Partener, Delivery Center Enabling Services, Deloitte România
Photo: Deloitte Romania

Deloitte study: Almost 90% of organizations investing in shared services centers are focusing on expanding remote working capabilities and 61% intend to accelerate digital agenda

de HotNews.ro
Marţi, 22 Iun 2021 English | Business
Shared services centers (SSCs) are increasingly investing in strategic capabilities to create value for parent organizations, as most of them (87%) are focusing on expanding remote working capabilities to ensure business process continuity, 61% are working on accelerating digital agenda, and 59% intend to increase virtual practices, due to the impact of COVID-19 pandemic, according to the 2021 Deloitte Global Shared Services and Outsourcing Survey conducted on over 600 leaders in 45 countries, including Romania, with shared services locations across nearly 75 countries.
Ciprian Gavriliu, Partener Deloitte Romania
Photo: Deloitte Romania

Deloitte study: the pandemic postponed only partially consumers’ plans to buy a new car and temporarily decreased their interest in electric cars

de Deloitte Romania
Joi, 29 Apr 2021 English | Business
The COVID-19 pandemic has partially changed the behavior of consumers in the car market. Some of them have postponed their plans to buy a new car, and their interest in engines with alternative propulsion systems is temporarily declining. Although the trend towards electric cars seems to be consolidating on the long term, consumers tend to look for the comfort of a known, tested and accessible technology, in the current context dominated by uncertainty, according to Deloitte 2021 GlobalAutomotive Consumer Study, conducted in 23 countries around the world.
Dimitrios Goranitis, Deloitte Romania
Photo: Deloitte Romania

From 2010 to 2020 – this time the bank is the good guy

de Dimitrios Goranitis Deloitte Romania
Miercuri, 7 Apr 2021 English | Business
Romania is performing better than most European peers in managing the pandemic, hence it avoided the lockdown for the first quarter of 2021. The National Institute for Statistics announced that the economy contracted in 2020 by only -3.9%, a much better result than World Bank or IMF predictions. In 2019, Romania was classified as a high-income country and the local exchange entered emerging market status. However, the renowned European Recovery Fund is still on paper, Romania has been traditionally weak in absorbing EU funds and the global market trust in Romania is significantly impaired. The dynamic of the local economy is there, but will it materialize?
Andreea Smedoiu, Andrei Burz Pinzaru, Radu Dumitrescu
Photo: Deloitte Romania

Deloitte study: the COVID-19 crisis will accelerate the CEE banking sector consolidation; Romania had one of the largest number of banking transactions in the region

de HotNews.ro
Joi, 28 Ian 2021 English | Business
The COVID-19 crisis is expected to accelerate the consolidation of the banking sector in the Central and Eastern Europe (CEE) in the following years, as smaller players might not be able to weather the profitability and capital challenges, according to the latest edition of Deloitte CEE banking M&A study, conducted in 16 countries, including Romania. Robustness is paramount amid economic shocks and the CEE banking sector is still very fragmented, with a number of players with marginal market share, the study explains.
Radu Plop
Photo: TMF Romania
Article supported by TMF Romania

Ready-made companies after recent legislative changes –Still an attractive solution?

de Smile Media
Marţi, 8 Dec 2020 English | Business
When it comes to extending the network of companies held under a specific structure in Western Europe, ready-made companies are a popular alternative to incorporating a company from scratch. In fact, the rule is to acquire a ready-made company from a specialized provider and the exception is to incorporate one. Ready-made companies, also named “shelf companies” or more accurately, “off-the-shelf companies” are companies incorporated by specialized providers with the purpose of being sold to investors who need a new company in a respective jurisdiction. The name describes them quite accurately – such companies are a simple set of documents and do not hold any assets, do not have any employees, they leave all of this to the decision of the buyer and, according to the local legislation of each jurisdiction.
Georges Durdilly
Photo: Airbus Helicopters

Georges Durdilly, Airbus Head of Country Romania: “As for every industrial company, business viability is essential”

de Raúl Sánchez Costa HotNews.ro
Joi, 3 Dec 2020 English | Business
“As for every industrial company, business viability is essential. This explains the 16 helicopters order needed to move forward”, affirms to HotNews.ro Georges Durdilly, Airbus Head of Country Romania, who remarks “it would also be an important message that Romania, as a host country, is the launching customer and has trust in a product that will be, after all, produced locally – made in Romania”.
Deloitte Romania Team/ Transaction CEZ-Macquarie
Photo: Deloitte Romania

webPR Deloitte Romania advised CEZ Group in the sale of seven of its Romanian subsidiaries to the infrastructure investor Macquarie Infrastructure and Real Assets

de Deloitte Romania
Joi, 12 Nov 2020 English | Business
Deloitte Romania advised the Czech energy group CEZ in the sale of seven of its Romanian subsidiaries, active in electricity distribution, supply and renewables, to the infrastructure investor Macquarie Infrastructure and Real Assets (MIRA), one of the world’s leading alternative asset managers, owned by the Australian group Macquarie. The assets included in the transaction are CEZ Romania’s electricity distribution network, the electricity and gas supply business, with 1.4 million clients, and the largest onshore wind park in Europe, located in Fantanele–Cogealac. This is considered a landmark deal in the Romanian mergers and acquisitions market and the largest transaction in the energy sector in the last years. The agreement was signed at the end of October 2020 for an undisclosed amount and is subject to approval from the European Antitrust Authority and the Romanian Supreme Council of Defence.
Vladimir Aninoiu
Photo: Deloitte Romania

webPR: Deloitte Romania launches Digital DNA, a solution for assessing companies’ level of digital maturity

de HotNews.ro
Joi, 5 Nov 2020 English | Business
Deloitte Romania launches Digital DNA, a solution for assessing companies’ level of digital maturity based on 23 characteristics that define their structure, operations and behavior. Digital DNA addresses mainly SMEs and can be a starting point in setting the digital transformation strategy. The solution is based on a methodology created by Deloitte’s global network of experts based on extensive research conducted by analysing hundreds of studies and articles in the field.

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