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Chief Marketing Officers (CMOs) around the world are looking to hire talent with more analytical skills, according to the Deloitte 2022 Global Marketing Trends report.

In today’s data-intensive environment, Chief Marketing Officers (CMOs) around the world are looking to hire talent with more analytical skills, according to the Deloitte 2022 Global Marketing Trends report, as they consider that analytical expertise is becoming more important than creative skills in most of the industries – technology, media and telecommunications (34% vs. 23%), […]

Deloitte was ranked the most valuable and strongest commercial services brand in the world for the fourth consecutive year, according to the latest edition of Brand Finance Global 500 report. Also, Deloitte ranks in the global top ten strongest brands regardless of their fields (9th place). Brand Finance, an independent brand valuation consultancy firm recognized worldwide, calculates the overall brand value […]

Romania’s mergers and acquisitions (M&A) market reached a value of EUR4-4.4 billion in 2021, Radu Dumitrescu, Financial Advisory Partner-in-Charge, Deloitte Romania, told an event organized by Deloitte and Ziarul Financiar (ZF) daily.

Companies operating in the fast-moving consumer goods (FMCG) industry have set revenue growth as their main objective in 2022 compared to 2021, as a result of the decisions adopted in 2021 which are now paying off, according to Deloitte 2022 Consumer Products Industry Outlook.

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.

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.

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.

Most commercial real estate (CRE) companies (80%) estimate revenue increases in 2022 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.

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.

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%.

The positive evolution of the vaccination rates around the world and the flexibility to work remotely contributed to the resumption of travel, so the number of tourists who flew and stayed at the hotel increased by 50% in the last part of 2021 compared to the previous year, according to Deloitte 2021 Holiday Travel Survey. […]

The positive evolution of the vaccination rates around the world and the flexibility to work remotely contributed to the resumption of travel, so the number of tourists who flew and stayed at the hotel increased by 50% in the last part of 2021 compared to the previous year, according to Deloitte 2021 Holiday Travel Survey. […]

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.

The Romanian start-up DRUID, specialized in developing intelligent virtual assistants dedicated to complex enterprise processes, is the technology company with the fastest natural growth in Central Europe (CE) over the last three years, according to Deloitte 2021 CE Technology Fast 50 ranking. With a growth rate of 6,753%, DRUID ranks first out of 25 start-ups […]

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 […]

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.

Deloitte’s Corporate Finance practice has advised the shareholders of Duraziv, the largest independent manufacturer of construction materials in Romania, in the successful sale of the integral share package to global leader Saint-Gobain. The transaction was completed on September 30, 2021, after receiving necessary approvals from authorities.   Deloitte Romania has structured and coordinated the sale […]

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.

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.