Deloitte Romania has appointed Radu Dumitrescu Partner-in-Charge of the Financial Advisory practice, effective as of June 2020. In his new role, Radu Dumitrescu will coordinate the transaction support and reorganization services teams, the corporate finance advisory experts, the forensic professionals, as well as the valuation, economics and modelling team.
Deloitte Romania opens application for the 21st 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. 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, the competition provides both established and emerging technology companies the platform to highlight their leading position in their field of activity.
The reopening of commercial spaces and the return to the office after the relaxation of the restrictions imposed in the context of the COVID-19 pandemic involves a considerable administrative effort for companies, in order to meet the criteria and implement the measures that will offer the green light to resume business. Each company needs to prepare its own set of measures and implement them rigorously, in order to avoid undesirable consequences and risks, based on a plan adapted to its own specificity, so as to reach the “fit-for purpose“ standard, depending on the characteristics of the space and the nature of the activity carried out in the location.
Deloitte Romania has appointed Vlad Boeriu Partner-in-Charge of the Tax and Legal practice, effective as of June 2020, following Dan Badin’s completion of the mandate in this role. Vlad Boeriu joined Deloitte in 2004 as a Tax Consultant and has gone through all the ranks up to Partner-in-Charge. Since 2015, he has been a Tax Partner, a role in which he led the growth of Deloitte Romania’s indirect tax practice.
The perception of the CFOs in Romania regarding the evolution of the main financial indicators of their companies has changed dramatically in only several months as a result of the COVID-19 pandemic, according to CFO Survey Romania, conducted by Deloitte in April-May 2020 based on opinions expressed by CFOs in our country. Their main concern for this year is the drop in demand, as 73% of the survey participants estimate a decrease of the internal demand, and 45% of them, of the external demand. The share of those who expect revenues reduction is 67%, while at the end of 2019, 78% of them estimated increases in revenues, according to the survey.
Deloitte Romania strengthens its management team by promoting Raluca Baldea and Bogdan Barbu to Tax Partners and Simina Mut to Partner with Reff & Associates, the law firm representing Deloitte Legal global network in Romania.
Deloitte was awarded the Tax Firm of the Year in Europe and in the CEE Region, for its remarkable achievements in Romania, Bulgaria, the Czech Republic, Slovenia and Slovakia, at the 2020 European Tax Awards, organized by the prestigious International Tax Review (ITR) publication. Deloitte was also named the Tax Innovator of the Year and the Tax Compliance and Reporting Firm of the Year during the 16 th edition of the competition, which recognizes innovative, breakthrough and valuable projects, based on reviews conducted by ITR journalists, market research and clients’ and professionals’ feedback.