Holiday spending drops as consumers brace for higher prices, says Deloitte
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
Romanian companies Finqware, Questo are among the fastest growing technology start-ups in the region, being included in the 2025 Deloitte Technology Fast 50 Central Europe ranking.
Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.
The European property market has begun to adapt to new conditions. The latest data, based on a survey in 28 countries across Europe, has clearly confirmed this, according to the 14th edition of the Deloitte Property Index.
M Core has significantly expanded its retail portfolio with over €150 million in strategic investments over the past six months and has an active pipeline exceeding €200 million in projected developments over the next two years.
Global leaders are increasingly confident in their organizations' AI initiatives, with eight out of ten organizations (78%) anticipating an increase in their overall AI.
Construction labour cost and availability have become the primary concerns for real estate developers in Central Europe, according to a new survey by Deloitte. This shift sees it surpassing project financing, which has been the dominant issue in recent years.
AI agent usage is rising, with 25% of organizations using Gen AI expected to deploy it by 2025, increasing to 50% by 2027.
Companies that received the certification are Agexim Transport & Logistics, Christian'76 Tour, Compexit Grup, IRUM, Perla Harghitei and Temad Co.
The study shows that data-related issues have caused 55% of the organizations to avoid certain Generative AI use cases.
Amid higher prices expectations, buyers remain wary, and many intend to cut back on gifts for themselves or to switch to lower-priced brands.
Seven out of ten companies in Romania expect an increase in impact of circular economy regulations from moderate to high and very high in the next five years.
Another important aspect for the organizations' success identified by the study is reimagining the work, workplace, and workforce in line with technology developments (67%).
Nearly 60% of respondents see the potential of e-invoicing and digital reporting for trade to simplify compliance.
Romania has a considerably higher rate of young people who make plans for their future (96%), among which 54% have well defined plans, compared to 40%, the European average.
IRIDE is the first and one of the largest business parks in Bucharest, located in the Pipera area.
The use of AI leads to increase in sales productivity and customer satisfaction and to decrease in marketing overhead costs.
The transaction has an estimated value of approximately €27 million and was recently signed.
Back-to-school spending is likely to remain unchanged this year, as 73% of parents are concerned about rising prices for everyday purchases.
The Confidence Index, which is typically linked to economic expectations, has climbed for a fourth consecutive semester to 118, from 58, in June 2022

The National Institute of Statistics (INS) has revised the economic performance for the first nine months of 2025.
Retail trade volume in Romania remained flat in November 2025 compared to the previous month, according to the latest data released by Eurostat.
Romania's Energy Minister Bogdan Ivan announced that discussions with operators about removing gas price caps began in September to prepare multiple scenarios and prevent sudden price increases after March 31 2026.
Erste Group has completed its acquisition of a 49% controlling stake in Santander Bank Polska and a 50% stake in Santander Towarzystwo Funduszy Inwestycyjnych from Banco Santander for approximately €7 billion.
Romania's residential market is showing a significant acceleration in price growth compared to the European average, based on the Eurostat data for Q3 2025.