View the collection of Deloitte in Hungary press releases.
| New risk management consultant at Deloitte |
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12 April 2006 |
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In December 2005 Nándor Veldi joined the Deloitte Risk Services team. He is a qualified economist, a chartered accountant and an auditor with ACCA and CISA qualifications. In his new position, Nándor Veldi is primarily responsible for the review of business and IT processes and structures, and the effective implementation of internal audits. He started his career in 1999 as an audit assistant at KPMG. Then, from 2002 to 2005 he continued his work as a senior consultant responsible for IT risk management. His main tasks included the analysis of business processes and the assessment of risks and controls. In his... |
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| Operational Risk Management of Banks and Financial Institutions changing |
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09 March 2006 |
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The amended Act on Financial Institutions currently undergoing professional reconciliation and expected to be accepted in the fourth quarter of 2006 will regulate the principles and the practice of managing banking operational risks in line with the Basel II Directives. Budapest, 9 March 2006 - The globalization of financial services and increasing operative losses prompt financial institutions worldwide to more complexly manage and supervise in addition to their market and credit risk their operational risk also. The new Basel directive (Basel II) approaches the issues of risk management and capital adequacy from a new... |
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| Innovative Approaches Needed to Capture Profitable Growth in Emerging Markets |
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06 March 2006 |
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Budapest, March 6, 2006 - Emerging markets (Russia, China, India, South Korea and Mexico among others) are becoming the catalysts for new product and service innovation. Long-term success, however, will take far more than simply making minor adjustments to existing products, lowering prices and developing new sales channels, according to a new report released recently by the member firms of Deloitte Touche Tohmatsu (Deloitte). Outlining the key research findings, Deloitte Manufacturing Industry Practice, Mr. Gary Coleman says, "Successful companies are looking beyond traditional strategies to meet the needs of markets with... |
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| Service business an increasing source of profit for manufacturers |
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27 February 2006 |
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Budapest, February 27, 2006 -- Long viewed as little more than a cost of doing business, aftermarket parts and services, are in fact an untapped source of profits for many manufacturers. In manufacturing companies around the world, service businesses now account for a significant 46 percent of profits, according to the preliminary findings of a Global Benchmark Study on Service and Parts Management by Member Firms of Deloitte Touche Tohmatsu (“Deloitte”). Among the global manufacturing companies surveyed, the average profitability of the service businesses -- which include aftermarket sales of parts and... |
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| DESPITE OBSTACLES, BIG RETAILERS POST STRONG GROWTH |
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23 February 2006 |
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Budapest, February 23, 2006: In spite of a difficult business environment defined by prickly consumers, intense price competition, and an increasingly complex global supply chain, retailers enjoyed robust growth in both sales and profits for the 2004 fiscal year, according to Deloitte Touche Tohmatsu's (DTT) “2006 Global Powers of Retailing,” its ninth annual study. The study, completed in conjunction with Stores magazine, covers the largest 250 global retailers. The Top 250 retailers in the world generally saw sales and profits improve on 2003's results in fiscal 2004. However, while U.S.-based... |
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| Deloitte Number One in Euromoney’s “World’s Leading Transfer Pricing Advisers” |
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20 February 2006 |
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Budapest, February 20, 2006 - Deloitte Touche Tohmatsu member firms have more partners ranked among the top tax practitioners in their fields of expertise in the U.S. and U.K. than any other firm listed in the 2005 World's Leading Transfer Pricing Advisers. This bi-annual report was recently published by Legal Media Group, a unit of Euromoney Institutional Investor, and is available at www.expertguides.com . With 74 tax partners listed, this marks the third time in a row DTT member firms' global transfer pricing advisers have come out on top in this industry... |
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| Real Madrid shoots to the top |
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16 February 2006 |
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- The Deloitte Football Money League shows the total revenue of the world's Top 20 clubs breaks through the £2 billion (€3 billion) barrier
- Real Madrid shoots ahead of the competition with total revenue of £186m (¬ 276m). Manchester United had headed the list in each of the previous eight editions of the Deloitte Football Money League
- In the next few seasons, Chelsea, Arsenal, AC Milan, Juventus and Barcelona are expected to challenge for a top three position
- Developments in the German and French markets may see more representatives from these countries in future editions of the Football...
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| Wealth with Wisdom: |
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13 February 2006 |
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US consumers age 50+ have accumulated more wealth and have more spending power than any other age group in history. Due to dramatic demographic changes around the globe companies will have to focus with ever greater savvy on serving the needs of a very different type of consumer: one that is age 50+ or older or they are likely to miss a significant opportunity. Today the global population is aging and living longer due to improvements in health care and nutrition. A recent Deloitte research entitled „Wealth with Wisdom” explains why the age 50+ consumers are a growing economic force that will transform multiple... |
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| Global Labor Market Must Emerge to Support Worldwide Economic Growth, Deloitte CEO Says |
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08 February 2006 |
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Budapest, February 8, 2006 - William Parrett, Chief Executive Officer, Deloitte Touche Tohmatsu (Deloitte), urged some of the world's leaders to work together to facilitate a global labor market capable of supporting sustained economic growth. Mr. Parrett made his remarks during a panel session at the World Economic Forum (WEF). Citing a study conducted by Deloitte Research, the "2005 Talent Management Strategies Survey ," Mr. Parrett told the attendees that a host of global demographic trends - from low birth rates to the graying of the "Baby Boomer" generation - are contributing to long-term skill shortages that... |
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| Companies Must Develop New Risk Management Strategies |
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06 February 2006 |
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Budapest, February 6, 2006 - William G. Parrett, Chief Executive Officer, Deloitte Touche Tohmatsu (Deloitte), told attendees at the World Economic Forum that the importance of risk management for corporations around the world has risen dramatically since 9/11 and new approaches will be necessary if businesses are to ensure sustainability in the face of an ever-widening spectrum of possible threats. Citing an ongoing Deloitte study (See related thought leadership below), Mr. Parrett indicated during a WEF panel session that far too many companies still define the threats they face too narrowly and remain focused... |
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