KPMG | Romania Feed

A KPMG report forecasts global GDP growth of 2.2% in 2024 – down from 2.6% in 2023, with a return to 2.6% growth anticipated in 2025.

KPMG, one of the world’s largest audit and consulting companies, sees Romania’s economy growing by 2.5% in 2024, while inflation should reach 6.9%. Its forecasts were included in the ‘Global Economic Outlook’ report, which in this year’s edition included a review of Romania, along 36 other countries from all continents, such as US, Switzerland, Brazil and Japan.

Audit and consulting firm KPMG in Romania & Moldova has announced new promotions at the level of the management team, starting October 1, 2023.

The outlook for the global economy has taken a positive turn in the first half of 2023 as inflationary pressures began to ease, but the most recent KPMG forecast shows that ongoing geopolitical tensions and domestic challenges in key markets are slowing down the return to sustained growth.

The year 2023 will be less dynamic in the Romanian M&A market, but it will still be a good year, according to Bogdan Vaduva, partner, deputy head of advisory at KPMG.

The integrated lawyer and consultant team of law firm KPMG Legal – Toncescu si Asociatii, KPMG Advisory and KPMG Tax, led by Alexandru Mocanescu, Bogdan Vaduva/Elena Surdeanu and Daniel Pana, assisted Paval Holding in buying the office space portfolio of CA Immo in Romania and taking over the management team.

KPMG announced on Monday (October 3) that Ramona Jurubita was re-elected to serve a second three-year term as Country Managing Partner (CMP) of KPMG in Romania and Moldova.

The Deal Advisory team of KPMG in Romania has advised Polish Enterprise Fund VII, a private equity fund managed by Enterprise Investors (EI), on the sale of 100% in Noriel Group, the leading Romanian toys, games, and baby products retailer, to Sunman Group, Turkish market leader in toy retail, distribution and manufacturing.

KPMG in Romania hosted its annual conference “Reshaping Romania” at the Radisson Hotel, Bucharest on 7 June 2022. The event brought together a broad range of speakers from KPMG and outside, who gave presentations and participated in discussions on topical issues related to the development of the Romanian business environment and current challenges.   The […]

In April 2022, KPMG published its Global Economic Outlook report, based on expert analysis by economists from throughout the KPMG network of member firms. At a time when economic forecasting has become more challenging, the report aims to offer a degree of guidance which can help businesses, governments and individuals to navigate the uncertainties ahead. […]

KPMG and FLOWX.AI announced today a strategic collaboration to support enterprises developing unified, customer-centric, personalized digital experiences. This partnership enables large companies to create personalized, streamlined and delightful products and services in the digital environment – at only a fraction of the typical cost and time associated with digital developments.   KPMG is a world-leading […]

The Romanian Independent Directors Association (AAI) today announced that it has joined the Climate Governance Initiative as host of Chapter Zero Romania, its Romanian Chapter. KPMG in Romania has also stepped forward as a Supporter and Content Partner.   The Climate Governance Initiative (CGI) is a global community of non-executive board directors and subject matter […]

Investments into property in Central & Eastern Europe (CEE) for H1 2021 were down by a whopping 22% compared to the same period a year earlier, which may come as no surprise, given the immense economic repercussions of the COVID-19 international health crisis on most sectors, according to KPMG.

As part of its ongoing multi-billion-dollar investment program, KPMG plans to spend more than US$1.5 billion over the next three years specifically to focus on the Environmental, Social and Governance (ESG) change agenda. The ESG strategy is designed to support KPMG firms’ clients in making a positive difference. Importantly, this strategy is underpinned by KPMG’s […]

The COVID-19 pandemic caused a lot of distress on the market, with transactions postponed and uncertainty rising, but there is increased optimism among stakeholders who expect further growth in M&A activity in Romania in 2021, a KPMG survey showed Wednesday.