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PwC Malta Annual Review 2025

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Malta Annual Review 2024

Leading with integrity and innovation

Video

Malta Annual Review 2024 DAV Intro Video

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8:17
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Introduction by our Territory Senior Partner, David Valenzia

Explore our year in numbers

€66.4M

Total as at 30 June 2024

Revenue
57%

Female staff complement

Diversity
697

Total number of employees

Our people
90,000

Firmwide training hours during the year

Training
€643K

Cash contributions and hours dedicated to professional bodies and philanthropic activities

Impact on society
14%

Reduction in Scope 1 and Scope 2 emissions compared to our FY19 baseline

Environmental impact

Supporting our clients

Message from David Ferry and Elizabeth Camilleri

Video

Clients and markets

PwC Malta Partner David Ferry and Senior Manager Elizabeth Camilleri emphasise the firm's versatility and commitment to investing in critical areas such as ESG, Regulatory and Compliance, and Digital Services, while also spotlighting the importance of AI and core services like Assurance and Tax.

3:28
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Enriching our people

Message from Lisa Pullicino and Sarah Mamo

Video

Our People

Our people are the core of our success. PwC Malta Partner Lisa Pullicino and Senior Manager Sarah Mamo highlight the firm's commitment to its people. They expand on various initiatives, including talent acquisition, mobility opportunities, and wellbeing programmes.

4:32
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Doing the right thing

Message from Lucienne Pace Ross and Anna Golis

Video

Risk & Regulation

PwC Malta Partner Lucienne Pace Ross and Manager Anna Golis speak about key risk focus areas such as ethical culture, regulatory compliance, client and service quality, talent management, environmental risks, and technological resilience.

3:51
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Read our featured stories

Empowering Diversity

Shaping the future

A case study on preparing the next generation of business leaders

The past year has been a defining moment for our firm where we took our ambitions to new heights with the formal set-up of PwC Digital Services Malta Limited, intending to propel our firm to the forefront of the latest technological innovations. Our mission is straightforward: to assist our clients in achieving sustained business outcomes by delivering comprehensive expertise and serving as their partner throughout their entire digital journey.

Read full article 

Protecting our planet

Streamlining public sector operations with Microsoft D365 Finance and Operations

The client, an organisation operating in the public sector, issued a public tender for a Corporate ERP solution to enhance public service delivery and ensure the availability of infrastructure for ICT services. The client aimed to implement an integrated ERP solution addressing four main business areas: Finance, Contract Management and Procurement, Project Accounting, and Human Resources. The ERP solution needed to be comprehensive, integrated and scalable, offering a single point of access for the business instead of relying on multiple, isolated systems.

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Leveraging technology

Understanding market sizing and customer buying behaviour

Our client sought to understand the size and dynamics of the Maltese retail market. To achieve this, we conducted comprehensive research, collecting and analysing data from various sources to provide reliable and validated figures. We gathered information from multiple sources, including industry reports, market databases, and government publications, ensuring accuracy and reliability. 

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What happened in FY24?

  1. FY24
  2. Aug 23
  3. Oct 23
  4. Oct 23
  5. Nov 23
  6. Jan 24
  7. Jan 24
  8. Feb 24
  9. Feb 24
  10. Mar 24
  11. Apr 24
  12. Apr 24
  13. May 24
  14. Jun 24

  1. The year was filled with numerous activities and initiatives, including collaborations, CSR efforts, diversity programs and social events. Discover what our firm has been engaged in by exploring our timeline.

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  2. PwC Malta released the results of its annual CEO Confidence Tracker Survey marking the highest level of CEOs (38%) who reported a drop in the level of business when compared to the previous quarter, since 2021.

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  3. PwC Malta signed a sponsorship agreement with MCAST to support Malta's Female Representation at the first Global Robotics Challenge. This with the scope of encouraging female talent in the IT space whilst supporting and promoting gender diversity and inclusion in the industry.

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  4. PwC Malta ran its Giving Back initiative encouraging its staff members to dedicate a workday to volunteering with one or more NGOs from a pre-approved list.

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  5. PwC Malta launched its second edition of its Governance Survey assessing the pulse of the Boards of Maltese equity issuers, by looking into the position of the Chair.

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  6. PwC Malta announced the appointment of 3 new Partners: Michael Formosa, Chris Mifsud Bonnici and Andrew Schembri, supporting the leadership of its Assurance, Tax and Advisory functions respectively.

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  7. PwC Malta endorsed The Wales Malta Initiative. This led to the organisation of Wales Week Malta; celebrating business, culture, education and sport.

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  8. PwC Malta and The University of Malta signed a 5-year-long Memorandum of Understanding with the scope of strengthening higher education programmes for the next generation of talent.

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  9. PwC Malta, alongside Camilleri Preziosi and Trident Trust, held the Malta Fund Management Conference 2024 at The Hub, PwC Malta, Qormi.

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  10. PwC Malta was a Diamond Sponsor of the Malta Stock Exchange’s GRC Summit 2024, in an effort to emphasise the firm’s commitment to trust, transparency and compliance.

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  11. PwC Malta launched its Economic Outlook results for 2024 highlighting a slowdown of global growth in FY24 when compared to the previous year, with a marginal pick-up projected in FY25.

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  12. PwC Malta ran its Giving Back initiative encouraging its staff members to dedicate a workday volunteering with one or more NGOs from a pre-approved list.

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  13. PwC Digital Services organised its second edition of Tech Week, focusing on the transformative power of Artificial Intelligence and the critical role of trust in this rapidly evolving landscape.

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  14. PwC Malta hosted its biennial Tax Conference themed Shaping Tomorrow's Tax Realities, bringing together industry leaders, policymakers, and tax professionals to explore critical tax challenges impacting businesses today and in the future.

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Protecting our planet

Message from Romina Soler and Norbert Vella

Video

Our Planet

PwC Malta Partners Romina Soler and Norbert Vella highlight the firm’s commitment to sustainability and the goal to achieve Net Zero Greenhouse Gas Emissions by 2030.

3:38
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Leveraging technology

Message from Michel Ganado and Andrew Schembri

Video

Technology Annual Review 2024

PwC Malta Partners Michel Ganado and Andrew Schembri highlight how PwC Digital Services are leveraging their expertise and global alliances to deliver cutting-edge solutions, support client digital transformation projects, and navigate the complexities of the digital age.

4:17
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Our Lines of Service

Assurance line of service

Assurance

In today's dynamic global landscape, industries face significant macroeconomic challenges. At PwC Malta, we uphold our commitment to independence and high-quality audit work through robust policies, systems, and processes. Our focus on transparency, investment in technology, and dedication to our people ensures we deliver exceptional outcomes for our clients and stakeholders.

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Tax line of service

Tax

Although several significant challenges to the global economy naturally impacted our business, FY24 also yielded its successes. During this year, we built new capabilities and reached out to clients with solutions to their new regulatory obligations in the tax and legal space, particularly in relation to Pillar II and transfer pricing.

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Advisory line of service

Advisory

Businesses are striving to put their strategic plans into action for the upcoming years. Our Deals, Consulting, and Risk and Regulation business units, which make up our Advisory practice, have continued over the past twelve months to assist our clients in addressing these and many other challenges that they constantly face.

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Explore further

Our people Diversity at PwC Digital Services Environment and Net Zero Impact on society Transparency report

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PwC Malta transparency report 2024

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Contact us

Lucienne Pace Ross

Lucienne Pace Ross

Territory Senior Partner, PwC Malta

Tel: +356 2564 6892

Email
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