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Deloitte: Record Business Growth, and Significant Contribution to the Cyprus Economy

Deloitte continues to be actively involved in contributing to the country’s economy and societal developments. Deloitte recently reported global FY22 revenues of USD59.3 billion – a 19.6 percent increase compared to last financial year.

Additionally, global workforce expanded to more than 415,000 – a 20.3 percent increase. Deloitte Cyprus has also announced similar record figures for the fiscal year 2022, ending on May 31. Specifically, Deloitte Cyprus reports local revenue growth of 11.3 percent (EUR48.3 million), with contribution to the state’s revenues amounting to EUR16.1 million (8.1 percent growth compared to FY21).

 The firm’s financial results were presented during Deloitte Cyprus’ Annual Partners and Directors Meeting, which was held on September 28. The meeting was also attended by members of the Deloitte Middle East Executive Committee.

 Equally significant is Deloitte’s initiatives for the development of its people. The firm aspires not only to attract highly qualified professionals, but most importantly to put their wellbeing on the forefront by adopting flexible and hybrid working models.  

Additionally, the company actively invests in the continuous learning and development of its professionals, offering opportunities to enhance their technical and professional skillsets and competencies. Deloitte is one of the country’s top employers, with a total workforce of more than 750 people in Nicosia and Limassol and a significant representation of female employees (55 percent).

 Deloitte’s societal and environmental contribution is also noteworthy. The firm is fully committed to addressing societal challenges, in order to ultimately create a better future where everyone can thrive.