Deloitte | Romania Feed

Consumer interest in electric vehicles (EVs) continues to decline in the world’s largest markets, in favor of the internal combustion engines (ICE), that are gaining ground in consumer preferences in Germany (53%, up from 49% in 2024), Japan (41%, up from 34% in 2024), India (54%, up from 49%) or China (38%, up from 33%), except in the USA where, however, classical engines hold a high share in consumer options (62% vs. 67% in 2024), according to the Deloitte 2025 Global Automotive Consumer Study.

Almost 90% of commercial real estate companies (commercial spaces, business centers and office, logistics premises) expect their revenues to increase in 2025, but remain cautious about the changing market conditions, and 60% anticipate an annual growth of more than 5%, after two consecutive years in which most participants expected revenue declines, according to Deloitte 2025 Commercial Real Estate Outlook.

Companies in Romania expect a challenging year, marked by cautious optimism and a focus on managing risks and costs, according to the Deloitte 2025 Romania CFO Survey, conducted at the end of 2024 among approximately 130 Chief Financial Officers (CFOs) based in the country.

Deloitte: Winter Holiday Spending in Romania Set to Rise 8% in 2024 amid Price Increases

Seven out of ten companies in Romania (67%) expect an increase in impact of circular economy regulations from moderate over the last 12 months to high and very high in the next five years, as shown by the Deloitte study “Circular Economy. Perception and the Stage of the Implementation in Romania 2024”, conducted this year among approximately one hundred companies on the local market.

The overall costs of the global energy transition, estimated at USD200 trillion by 2050, could be reduced by almost 25 percent using de-risking instruments, thus facilitating new methods of financing and refinancing green projects, according to a Deloitte study.

Romanian companies’ success largely depends on leaders’ ability to adapt to the ever-changing demands of the labor market (81%), but more than half of the companies (57%) are not prepared to address this topic, according to Deloitte 2024 Global Human Capital Trends survey for Romania.

More than two thirds of companies worldwide (70%) expect an increase in public reporting on tax, as a result of the numerous regulations adopted in recent years, making data transparency and compliance with authority requirements the main challenge they currently face, according to Deloitte 2024 Global Tax Policy Survey.

An impressive share of 83% of the Gen Z respondents (aged 23-27) have plans for their future, and 38% of them think at least three years ahead, while an equal percentage plan for the next one to three years, according to the Deloitte study “How does European Generation Z buy insurance?”, conducted in nine European countries, including Romania.

Organizations embrace marketing technologies (martech), as seven out of ten (75%) marketers say that they are using them, according to the latest edition of Chief Marketing Officer (CMO) Survey, conducted by Duke University with the support of Deloitte.

Back-to-school spending is likely to remain unchanged this year, as 73 percent of parents are concerned about rising prices for everyday purchases, so low and middle-income ones are planning to spend less for this purpose in 2024, by 4 percent and 9 percent, respectively, 47 percent having less money to spend, and 44 percent being concerned about economy, according to the Deloitte back-to-school 2024 survey.

Private equity (PE) firms in Central Europe (CE) are overwhelmingly confident that 2024 will be a good year for investments, according to 84% of the participants to the latest Deloitte CE Private Equity Confidence Survey, as the sentiment regarding the economy continues to improve, with 31% of them expecting conditions to get better and 59% expecting them to remain the same.

More than half of workers (54%) around the world identify increasing work stress as their top concern, according to the Deloitte 2024 Global Human Capital Trends report, while technology advancement is second on the list, according to a quarter of workers, who worry about the significant changes that technology advancement brings, such as creating the need for new skills and new jobs.

Expectations for Generative artificial intelligence (Gen AI) remain high among global leaders, as eight out of ten (79%) respondents that participated in Deloitte’s study “The State of Generative AI in the Enterprise: Now decides next” expect the technology to transform their organization within three years.

Financial results of commercial real estate companies (commercial spaces, business centers and offices, logistics premises) will be impacted this year mainly by cyber risks, climate-related regulatory actions and rising interest rates, according to Deloitte 2024 Commercial Real Estate Outlook global study.

Despite the recent emergence of artificial intelligence (AI) in the marketing landscape, a Chief Marketing Officer (CMO) Survey conducted by Duke University with the support of Deloitte reveals that 60% of respondents, primarily marketing leaders, have already integrated AI into their strategies over the past year.

A third of companies worldwide (34%) anticipate a significant increase in their group’s global effective tax rate, as a result of the implementation of the two-pillar global tax reform coordinated by the Organization for Economic Co-operation and Development (OECD), down from 47% in 2022, according to Deloitte 2023 Global Tax Policy Survey.

Redbee Software, DRUID and Questo are the Romanian technology companies included in the main category of the Deloitte 2023 Central Europe Technology Fast 50 ranking of the fastest growing tech start-ups in the region.

Global leaders view geopolitical challenges (61%), inflationary trends (46%) and concerns about their ability to meet increased environmental, social, and governance (ESG) expectations (40%) as the top risks impacting their third-party relationships, according to Deloitte 2023 Global Third-Party Risk Management Survey, conducted in 40 countries, including Romania.

The organizations operating in the financial services industry are beginning to register significant progress in terms of implementing changes meant to assure compliance with the new EU regulation Digital Operational Resilience Act (DORA), as a third of them (29%) started to prepare since 2022 and, out of these, 29% have already completed 75% of their implementation roadmap by Feb 2023, as per the latest edition of Deloitte survey on DORA.