Companies in Romania prepare for circular economy shift, Deloitte study finds

Companies in Romania are increasingly embracing the circular economy, with more than seven out of ten (67%) expecting its regulatory impact to rise from moderate over the last 12 months to high and very high in the next five years, according to Deloitte’s Circular Economy: Perception and the Stage of Implementation in Romania 2024.

In order to transform their business towards a circular model, over half of the surveyed companies (59%) say they have developed or are in the advanced stages of developing a strategy in the field. These plans include measures such as energy transition (80%), emissions accounting (62%), extending product lifecycles (53%), and optimizing resource use (46%). A major priority is communication and education, aimed at raising awareness among employees, suppliers, and consumers.