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Press Releases
View the collection of Deloitte in Hungary press releases.
| Career News from Deloitte |
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17 October 2005 |
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Budapest, October 17, 2005 - Jack Bell (42) has joined Deloitte Hungary as of September 2005 as the new head of the audit department. Jack replaces Alastair Teare who becomes Deloitte`s regional Reputation and Risk Leader for Central Europe. Jack has audit and advisory experience in a number of industries including banking and financial services, broadcast media, advertising, contract manufacturing, and telecommunications.
Before joining Deloitte, Jack was the Country Managing Partner and Audit Division Head at Ernst & Young, Zagreb. Prior to that Jack started his career at Arthur Andersen in Chicago in 1985, and then... |
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| CEO Perspective: A Plea That Should Never Be Heard |
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05 October 2005 |
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Budapest, September 1, 2005 - In the first of a continuing series entitled "CEO Perspective," Deloitte Touche Tohmatsu CEO Bill Parrett shares his views on the Sarbanes-Oxley Act - in particular, Section 404 of the legislation, which requires foreign and national company executives to assess their internal controls, and for professional services organizations such as Deloitte to report on their effectiveness. CEO Parrett also comments on the obligations of executives, especially CEOs, to know everything they can about the publicly-traded companies they have been entrusted to lead, and why time should be given to demonstrate the... |
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| Why Katrina Won't Sink the U.S. Economy |
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28 September 2005 |
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Budapest, September 28, 2005 - The images we are seeing from New Orleans are almost Biblical, combining all of the horrors of flood, pestilence, famine and destruction. The immediate effect of any natural disaster on the local economy is catastrophic. Traditional patterns of business and consumer behavior are torn apart. Homes, businesses and jobs are lost. Much of the business activity that is lost can never be recovered. A local economy so affected will go through the five stages of grief that are very similar for the individuals who are involved. These are: Denial, Anger, Rationalization, Depression, and Recovery. We... |
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| Support of employees regarded as the most important task of the HR function in Hungary |
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08 September 2005 |
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Budapest, September 8, 2005 - The study jointly prepared by Deloitte Central Europe and the University of Economics of Prague focused on the HR procedures of 176 companies and public agencies from six countries. The participating countries were the following: Austria, the Czech Republic, Poland, Hungary, Slovakia and Slovenia. In Hungary HR directors of 21 companies responded to the questions, representing several industries (consumer goods, energy and public utilities, manufacturing, media and telecommunications, financial and/or professional services). The fit and the role of the HR strategy
In... |
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| The Space Race Moves into the Private Sector |
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07 September 2005 |
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Budapest, September 7, 2005 - Please find below some of the findings of the 2005 edition of Deloitte Touche Tohmatsu's Technology, Media and Telecommunications (TMT) predictions for the global media and entertainment sector. The market for space technologies - particularly transportation - will grow along two dimensions in 2005. First, there is likely to be an acceleration of the shift from the public to the private sector, with public space agencies under increasing pressure to open up the market for launch vehicles and services: NASA for example, has invited commercial companies to submit designs, cost estimates and... |
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| CEO Perspective: A Plea That Should Never Be Heard |
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01 September 2005 |
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Budapest, September 1, 2005 - In the first of a continuing series entitled "CEO Perspective," Deloitte Touche Tohmatsu CEO Bill Parrett shares his views on the Sarbanes-Oxley Act - in particular, Section 404 of the legislation, which requires foreign and national company executives to assess their internal controls, and for professional services organizations such as Deloitte to report on their effectiveness. CEO Parrett also comments on the obligations of executives, especially CEOs, to know everything they can about the publicly-traded companies they have been entrusted to lead, and why time should be given to demonstrate the... |
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| Knock-Offs Get Knocked Out |
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31 August 2005 |
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Budapest, August 31, 2005 - Please find below some of the findings of the 2005 edition of Deloitte Touche Tohmatsu's Technology, Media and Telecommunications (TMT) predictions for the global media and entertainment sector. In 2005, the media industry will launch its most sustained and successful attack so far on piracy and copyright theft. Media and entertainment companies will coordinate their efforts, working closely with police to quickly and systematically crack down on violators around the world. The industry already loses billions of dollars each year to piracy and copyright theft - including illegal copies... |
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| Deloitte Study Says Companies in the World Face Economic Crises Due to Shrinking Workforces |
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25 August 2005 |
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Budapest, August 25, 2005 - According to a recent Deloitte study, by 2008, a wealth of skills and experience will begin to disappear from the job market. The first members of the Baby Boom generation will turn 62, the average retirement age in the large, developed economies of North America, Europe and Asia. Over the next 15 years, 80 percent of their workforce growth will occur among people 50 years or older. By 2050, 40 percent of Europe's total population and 60 percent of its working age population will be people over 60.8. With mounting pension obligations and shrinking workforces, Germany, Italy, Spain, and Japan could face... |
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| Connected Devices Under Siege |
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24 August 2005 |
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Budapest, August 24, 2005 - Please find below some of the findings of the 2005 edition of Deloitte Touche Tohmatsu's Technology, Media and Telecommunications (TMT) predictions for the global media and entertainment sector. Massive growth in the number of connected devices - from PCs and mobile phones to digital music players and gaming consoles - will cause a corresponding leap in electronic viruses and other malicious attacks. Nuisances such as unsolicited e-mail (SPAM) and intrusive instant messages (SPIM) will continue to proliferate, along with new threats such as blue-jacking (attacks on Bluetooth devices)... |
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| Managing risk |
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17 August 2005 |
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Budapest, August 17, 2005 - Among strategies for risk management and value preservation are the following: Integrated approach
Companies need an integrated risk management function to identify interdependencies among risks. Each risk cannot be viewed alone. In a recent study, Deloitte Research found that 80 percent of companies that suffered large losses in value were exposed to more than one type of risk. Yet often they were unaware of the relationships between such risks. For example, a change in the competitive environment could lead to a loss in sales. This is a strategic risk. To deal with... |
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