Vasile Andrian (37), coordinator of the Audit & Financial Advisory Department of Mazars in Romania, has become the second partner of Romanian extraction in this international organisation.

Doing deals in growth markets is an important way in which companies in developed countries can seek to drive growth as their traditional markets remain stagnated. But these deals can be both fraught with risk and costly when they go wrong.

DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), today released its latest European Investment Market Update. The report showed fourth quarter 2011 commercial real estate investment activity totalled €31.4bn in Q4 2011, a 17% increase on Q3 2011. This led annual volumes in 2011 to €110bn, an increase of 7% on 2010.

Intense competition for capital in the market may cause major problems for businesses when they try and renew their debt financing this year. $2 trillion* of loans need to be rolled over globally, with $250bn of investment grade funds needing to be refinanced across the EMEA region in 2012**, PwC comments.

The Supervisory Board of Banca Comerciala Romana (BCR) took several decisions regarding the structure of BCR's Management Board (Executive Committee).

When out shopping these days, consumers are ever more likely to turn to their personal computers (PCs), smartphones and tablet PCs to find gifts, check recommendations, compare prices, access online coupons, and ultimately pay for their purchases, according to the results from KPMG International's 5th Annual Consumers and Convergence Survey.

Nearly half (48%) of the 1258 CEOs polled worldwide believe the global economy will decline even further in the next 12 months, according to PwC's 15th Annual Global CEO Survey. Just 15% said the global economy will improve during 2012.