Hotnews

Source: http://www.hotnews.ro

Found 63 news

  • Deloitte study: consumer products companies aim to increase revenues in 2022. Inflation, supply chain struggles and labor shortages, the main challenges
    Hotnews - 09:58 Feb 08, 2022
    The majority of consumer products multinational companies (93%) have set revenue growth as their main objective this year compared to the previous year, as a result of the bold decisions adopted in 2021 which are now paying off, according to Deloitte 2022 Consumer Products Industry Outlook. They also estimate some challenges posed by persistent supply chain disruptions, labor shortages and rapidly rising costs. On the other hand, most respondents believe that 2022 will mark a battle for trust - 95% of them consider organizations that have high consumer trust are more resilient.
    Tags: Deloitte
  • The King of Networking
    Hotnews - 16:40 Feb 04, 2022
    Oddly enough, the restaurant of networkers, lobbyists, and EU meetings in Brussels is called London, after a place that left the EU in 2021. There are certainly other similar places in the city, but this one is right near the European Parliament, in Place de Luxembourg ("Lux", for insiders). I'm here to meet Frank Schwalba-Hoth, a former MEP, nowadays a networker.
  • Deloitte study: global business leaders see the world at a tipping point for responding to climate change, which has already negatively impacted their companies
    Hotnews - 09:36 Jan 31, 2022
    Global C-level business leaders are increasingly concerned about climate change, according to Deloitte 2022 CxO Sustainability Report, as 79% of respondents see the world at a tipping point for responding to climate change, compared to just 59% eight months ago. Additionally, 89% of executives agree that there is a global climate emergency and 63% say that their organizations are very concerned about climate change. The survey also shows that executives unanimously feel tangible pressure to act on climate change, as 97% of respondents say that their companies have already been negatively impacted by climate related issues, with operations being the first affected (48%). Besides the operational impact, respondents underline that stakeholder groups, from regulators (77%) to consumers/clients (75%) and employees (65%) are adding pressure to act on climate change.
    Tags: Deloitte
  • Deloitte study: increased sales of health wearables, used including to monitor COVID-19 symptoms, and of gaming consoles; semiconductor shortage will continue in 2022
    Hotnews - 09:04 Jan 28, 2022
    The global health wearables market, already big, is expanding fast, as 320 million health and wellness devices dedicated to consumer market will be sold worldwide in 2022 and that figure could reach 440 million units by 2024, according to Deloitte 2022 TMT (Technology, Media and Telecommunications) Predictions. Smartwatches are seeing rapid consumer adoption, as people use them not only to monitor steps by day (59%), workouts/athletic performance (42%) and heart health (37%), but also possible COVID-19 symptoms (11%), through functionalities such as alerts in case of low peripheral oxygen saturation - a life-threatening symptom that is hard for people to detect unassisted.
    Tags: COVID-19 Deloitte
  • Deloitte study: commercial real estate companies estimate revenue growth this year, and 73% expect transactions activity to intensify
    Hotnews - 10:33 Jan 19, 2022
    Commercial real estate representatives (retail, business centers and offices, logistics spaces) estimate, in a proportion of 80%, a revenue increase this year compared to 2021, and 73% expect transactions activity to intensify over the next 12 months, according to the Deloitte 2022 Commercial Real Estate Outlook global study. At the same time, given that the global M&A activity increased by about 85% in the first half of 2021 compared to the previous year, 40% of the companies participating in the study said they could get involved in such transactions in the coming quarters.
    Tags: Deloitte
  • Deloitte analysis: record number of M&A deals in 2021, estimations for unprecedentedly intense activity in the coming years
    Hotnews - 10:53 Jan 10, 2022
    Romania’s mergers and acquisitions (M&A) market reached an all-time record in 2021 in terms of number of deals, having recorded 137 transactions, according to an analysis conducted by Deloitte Romania. The estimated total market value for both disclosed and undisclosed transactions reached around EUR 4-4.4 billion, while the value of disclosed transactions amounted to EUR 2.3 billion. In comparison, transaction market value in 2020 was EUR 3.9-4.1 billion and EUR 2.5 billion, respectively.
  • Deloitte study: holiday spending resumes growth in 2021, but 68% of consumers expect price increases this season
    Hotnews - 09:45 Dec 20, 2021
    Holiday spending resumes growth this year, with a 5% advance compared to 2020, after a 7% decline last year, but 68% of consumers expect higher prices than the previous season, according to Deloitte 2021 Holiday Retail Survey. On the other hand, a third of the traders participating in the survey are counting on a double-digit increase in holiday orders, while 43% estimate increases below 10%.
    Tags: Deloitte
  • Deloitte study: Multinationals expect higher taxation as a result of the COVID-19 pandemic, and 90% estimate more tax disputes
    Hotnews - 11:12 Dec 02, 2021
    More than half of companies worldwide (58%) expect an increase in taxation in their organization’s country of residence, as a result of the effects produced by the COVID-19 pandemic, and 90% estimate more tax disputes due to the growing government deficits recorded in this context, according to the Deloitte 2021 Global Tax Survey: Beyond BEPS (Base Erosion and Profit Shifting). Almost half (45%) of respondents expect more rigorous tax controls in their parent’s jurisdiction as a result of the pandemic, and 65% say that the tax authorities of those countries are increasing the use of data gathering and data analytics tools.
    Tags: COVID-19 Deloitte
  • Social Progress Index analyzing the quality of life and social wellbeing: Romania climbs one position on the 44th place in the global ranking, but remains the last among EU countries
    Hotnews - 13:48 Nov 22, 2021
    Romania ranks 44th out of 168 countries, climbing one position in the global ranking, but continues to be surpassed by all the other EU member states, according to the 2021 Social Progress Index, which analyzes the quality of life and social wellbeing and is conducted by the non-profit organization Social Progress Imperative with the support of Deloitte. Romania registers a score of 78.41 points out of 100, slightly higher than last year, which places it among the ranking’s third category countries, after Argentina, Hungary and Bulgaria.
    Tags: Romania Social Progress Index
  • Deloitte-Fortune survey: labor shortage is a bigger concern than the pandemic for companies over the next year
    Hotnews - 10:12 Nov 15, 2021
    Nearly three-quarters (73%) of companies are concerned about the way labor and skills shortage will influence their business strategy within the next 12 months, slightly higher than the share of those which are concerned about the pandemic evolution, such as future COVID- 19 variants (70%), according to the latest CEO survey conducted by Deloitte and Fortune magazine. The top challenges to organizations’ talent and workforce goals, as rated by the surveyed CEOs, are attracting and recruiting talent (57%), designing a post-pandemic workplace (53%), retaining talent (51%) and building a diverse, equitable and inclusive workforce (43%).
  • Deloitte analysis: use of electricity to reduce greenhouse gases emissions in industry, buildings and transport can help achieve net zero ambitions
    Hotnews - 10:02 Nov 11, 2021
    The progressive use of electricity emerges as the most efficient energy vector to achieve net zero ambitions, in particular, in fields such as industry, buildings and transport, as these sectors are the main causes of global greenhouse gases emissions, according to a Deloitte analysis quoted in the B20 Italy Energy & Resource Efficiency policy paper, for which Deloitte has been the knowledge partner. The policy paper was submitted by the Taskforce on Energy & Resource Efficiency within the Business20 (B20), the G20 dialogue forum with the global business community, before the COP 26 UN Climate Change Conference, which takes place between October 31 and November 12, 2021, in Glasgow, Scotland.
    Tags: Deloitte
  • To BePM or not to BePM?
    Hotnews - 10:40 Nov 05, 2021
    Ever wonder why the business process management (BPM) software market in Romania is so small? And more importantly, will it ever grow? The COVID-19 pandemic may be exactly what the BPM market needs to gain traction to reach its true potential. According to the Global Mobile Business Process Management Market report for 2016–2022, the global BPM market is expected to reach $3.7 billion by 2022, with an annual growth rate of 21.5%. And Romania is definitely a part of this market.
  • Romania is drastically taxing the sale of non-performing loans. What do other countries do?
    Hotnews - 10:31 Nov 02, 2021
    The market of non-performing receivables assignment is blocked in Romania due to excessive taxation of the amounts obtained from such transactions, a rule that entered into force on January 1, 2018. This tax treatment discouraged companies in several sectors from selling such receivables, but especially financial institutions, which often resorted to such operations to clean up their balance sheet, according to the recommendations of the National Bank of Romania.
    Tags: Romania
  • Deloitte Romania and Reff & Associates assisted Chimcomplex in obtaining the EUR 90 million funding for refinancing existing loans and for investment
    Hotnews - 09:31 Oct 05, 2021
    A multi-disciplinary team made of experts from Deloitte Romania’s Financial Advisory practice and from Reff & Associates | Deloitte Legal provided assistance to Chimcomplex in obtaining the EUR 90 million funding for refinancing existing loans and for investment. The chemicals producer borrowed EUR 26.7 million from CEC Bank and EUR 30 million from Alpha Bank on September 30, 2021, which the company will use for fully refinancing existing loans from VTB and Credit Suisse/Argentum Netherlands BV, for the takeover of Oltchim assets, and for continuing development projects. The EUR 56.7 million amount will be supplemented by a EUR 33.3 million loan from CEC Bank, which will be contracted in October 2021, totalling EUR 90 million.
    Tags: Deloitte Romania Reff Associates Chimcomplex
  • Deloitte, recognized as the CEE Tax Firm of the Year by the International Tax Review in 2021
    Hotnews - 07:58 Sep 13, 2021
    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.
    Tags: Year International Tax Review Deloitte
  • Reff & Associates | Deloitte Legal launches SecuRE, a digital tool that helps real estate owners and tenants manage regulatory requirements
    Hotnews - 07:25 Sep 07, 2021
    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.
    Tags: Reff Associates Deloitte Legal SecuRE
  • Deloitte study: education, corruption and climate change are the top three issues of greatest concern for Romanian Millennials and Gen Zs
    Hotnews - 08:07 Sep 01, 2021
    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.
    Tags: Romanian Millennials
  • Deloitte study: health care CFOs, concerned about financial uncertainty. Technology investments, top priority for 68% of them
    Hotnews - 07:17 Aug 31, 2021
    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.
    Tags: CFOs Deloitte
  • 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
    Hotnews - 08:32 Aug 26, 2021
    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.
    Tags: The Rohatyn Group Capital Europe Deloitte Pet Network
  • Deloitte study: back-to-school spending is increasing. Digital learning tools are replacing traditional school supplies
    Hotnews - 09:14 Aug 25, 2021
    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.
    Tags: Deloitte

63 items

Popular Tags