Deloitte's Global Press Releases page contains links to news and information about the firm's activities around the world. Press releases in this area of the site date back approximately 18 months, with the most recent appearing at the top of the page.
For press releases at the country level, please select the relevant national practice from the Global Site Selector at the top of this page, then proceed to the appropriate press or news-related area of the site.
Seoul, Korea: December 14, 2004. It was announced today that the two Deloitte member firms in Korea, Anjin Deloitte LLC. (Anjin) and Deloitte & Touche /Hana (Hana) agreed to merge.
The CEO of both firms, Mr. Yang, Seung Woo from Anjin and Mr. Jae Sool Lee from Hana and other management members today met at the CCMM Building in Yoido and signed the final agreement.
On December 13, 2004, partners of Anjin and Hana held a meeting and approved the merger.
Both firms signed a memorandum of understanding (MOU) in April 2002. After signing an agreement on the integration schedule in July 2002, the merger will...
London, December 16, 2004 — Deloitte Touche Tohmatsu member firms have more partners ranked among the top tax practitioners in their fields of expertise in the UK, the US, and the Netherlands than any other firm listed in the 2004 Expert Guide to Tax Advisers. The bi-annual "Expert Guide to Tax Advisers" was just published by Legal Media Group, a unit of Euromoney Institutional Investor, and is available at www.expertguides.com.
Deloitte has 56 tax partners in 15 countries ranked as leading tax advisors in the Guide. The tax advisors in the Expert Guide...
New York, December 10, 2004 — Faced with growing exposure to risk through mega mergers, off-shoring, outsourcing, more stringent regulations and an increased volume of lending, 81 percent of global financial services institutions have established the position of Chief Risk Officer (CRO), according to Deloitte's 2004 Global Risk Management Survey released today. That number has increased from 65 per cent since the last survey was conducted in 2002.
The survey also shows that three quarters of CROs in financial services firms report to...
Hong Kong, December 9, 2004 — The 500 fastest-growing technology companies in Asia Pacific were recognised in the 2004 Deloitte Technology Fast 500 Asia Pacific 2004 program today. From across the Asia Pacific region, the winners have managed to achieve an impressive three-year revenue growth average of 400 percent.
Companies from Australia, China, Malaysia and Taiwan representing the communications, Internet and semi-conductor, electronics and components industry sectors occupy the top five positions. They achieved an average 15,783 percent revenue growth, a...
India, November 15, 2004 — Deloitte's Global CEO William G. Parrett today confirmed expansion plans for India. Deloitte local investment will be in excess of US$50 million over the next five to six years.
The expansion includes the recently announced addition of 2,500 people to support the local practices and global activities in India. In addition, Deloitte’s member firms (in India) are expecting annual revenue growth of more than 20 percent per year for the next four years.
In his first visit to the sub-continent as Global CEO, Parrett said, "India is a priority market for Deloitte globally. The...
New York, November 30, 2004 — Deloitte Touche Tohmatsu today released its 2004 annual composite revenue results of its member firms, which show an 8.6 percent increase. After excluding divested practices, revenue growth for the continuing businesses was 11.1 percent.
Composite revenue reported was US$16.4 billion compared with US$15.1 billion in FY03. For the first time ever, member firms from Europe/Middle East/Africa and Asia-Pacific/Japan contributed half of this, and member firm tax...
London, November 25, 2004 — With a negative economic outlook prevailing across Europe, consumers in key European markets will employ smart tactics to ensure that they get the best deals for their Christmas gift shopping, according to Deloitte's sixth annual consumer survey of Christmas spending.
Based on responses from almost 4,000 consumers across seven EU markets, anticipated European average Christmas spending is down slightly for 2004 to €725 from €752 in 2003. Average gift spending will be around €320, compared with €346 last year. Significant differences are, however, evident...
Budapest, November 16, 2004 — The winner of Deloitte's 2004 environmental reporting award is Dreher Breweries Ltd. Deloitte founded the so-called "Green Frog Award" in 2001 for Central and Eastern European companies that prepare the best annual environmental or sustainability reports. The event was also attended by Dr. Miklós Persányi, Minister for the Environment and Water Management.
By founding this award Deloitte on the one hand aimed to prepare the companies of the region for participating in similar competitions in the EU and on the other hand tried to encourage Central and Eastern European companies to...
Vienna, November 10, 2004 — At the European conference "Gaining from Visions" from 10-13 November 10-13 in Vienna, hosted by EUROCITIES and its sister networks TeleCities and ACCESS, and supported by the City of Vienna, TeleCities and Deloitte presented the annual eCitizenship for All Awards for eGovernment. An independent panel of experts from the academic world nominated the...
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percent increase. After excluding divested practices, revenue growth for the continuing businesses was 11.1 percent.
