View the collection of Deloitte in Hungary press releases.
| The Food Safety Issue - continued |
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10 August 2005 |
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Budapest, August 10, 2005 – Ensuring integrity in the food supply chain is critical to all organisations involved in food production, distribution, processing and retailing. Any breakdown in the integrity of the food supply chain can have a dramatic impact on individual businesses, industries and even whole countries’ economies. Regulatory Pressures
Governments are responding to food safety concerns and consumer protection issues with tougher legislation, industry guidance, food safety initiatives and investment in research and education programmes. These initiatives are... |
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| The Food Safety Issue - continued |
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10 August 2005 |
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Budapest, August 10, 2005 - Ensuring integrity in the food supply chain is critical to all organisations involved in food production, distribution, processing and retailing. Any breakdown in the integrity of the food supply chain can have a dramatic impact on individual businesses, industries and even whole countries' economies. Regulatory Pressures
Governments are responding to food safety concerns and consumer protection issues with tougher legislation, industry guidance, food safety initiatives and investment in research and education programmes. These initiatives are typically driven by powerful... |
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| The Food Safety Issue |
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03 August 2005 |
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Budapest, August 3, 2005 - Ensuring integrity in the food supply chain is critical to all organisations involved in food production, distribution, processing and retailing. Any breakdown in the integrity of the food supply chain can have a dramatic impact on individual businesses, industries and even whole countries' economies. Whilst the vast majority of our food is safe, many high-profile cases underline the potential dangers. Salmonella in dairy and poultry products; MAP in dairy; pesticide residues in fruit and vegetables; environmental contaminants in sea-food; e-coli, BSE and drug residues in meat….. the list... |
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| Introduction to biometrics |
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27 July 2005 |
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Budapest, 27 July, 2005 - The term “biometrics” is derived from the Greek words “bios” and “metron,” and translates as “life measurement” (ROOD AND HORNAK 2003). According to the NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY (2003), biometrics in the sense used today in information technology refers to the automatic recognition of a person based on physiological or behavioural characteristics. The use of biometric characteristics for identification is not an innovation, only the technology used for its automation. Biometrics first became a distinct field of study when... |
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| Risk of anti-globalization |
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20 July 2005 |
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Budapest, 20 July, 2005 - Participants of the Davos summit are well acquainted with the sensible arguments in favor of globalization. The freer movement of goods, capital, and labor has led to vast improvements in living standards, especially those of poor people in emerging countries. Those countries that have not participated in globalization have seen stagnant or declining living standards, more corruption, vast differences between rich and poor, and often violent and repressive regimes. Yet not everyone in the world is convinced. Many voices in and out of government have spoken loudly against globalization. Their criticism has... |
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| „Impact Day”, - Deloitte Focuses on Civic Courage |
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10 June 2005 |
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Budapest, June 10, 2005 - The tenth of June, 2005, is a special day in the life of Deloitte because for the first time in their Hungarian history the company organizes „Impact Day”. As the name implies, on this special day Deloitte people do not go about their usual tasks, but work at various locations of the sixth district of Budapest - this is where the company has recently moved its headquarters to - to make the environment cleaner and more homelike, as well as to share practical business skills with students studying at local schools. The fact that these are not merely words is well proven by the numbers:... |
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| Football Finance: England’s Premiership clubs are the European champions on and off the field |
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08 June 2005 |
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- England the European champions in c. €11 billion game
- England's top 92 clubs generated income of over €2.6 billion in 2003/04
- Player costs exceed €1.5 billion for the first time, in part due to Chelsea's record spending
- Excluding Chelsea, total and player wages declined for first time in Premiership's history
- Record Premiership clubs' operating profits
- England's Football League clubs make great strides in controlling costs and reducing losses
- Clubs in England's top four divisions contributed around €900m of tax to Government in 2003/04
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| Deloitte Survey on SOX Compliance in Hungary Released |
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01 June 2005 |
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Budapest, June 1, 2005 - “Creative” book-keeping, interlocking, corrupt practices - phrases all well known in today's business world. According to a recent survey conducted by Deloitte to get the opinion of Hungarian CFOs about Sarbanes-Oxley (SOX) compliance, the positive effects of SOX are increasing transparency, improvement of internal processes and the less opportunity for human errors and fraud. Weaknesses identified are the extra labour resources required for compliance and the high costs connected not only to implementation but also for maintenance. Plese see the full version of the press release in the... |
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| Deloitte's statement on the Postabank Case |
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31 May 2005 |
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We are at a loss to understand the May 31, 2005, judgment in the Postabank case. Once we have received and studied the written first instance judgment, it is our firm opinion that we will appeal against it as Deloitte conducted the respective audits of Postabank with due care, professionalism and in accordance with the relevant domestic and international standards and laws.
As far as the size of the damage is concerned, it is too early to speculate, especially since the judge not only did not quantify it at this stage but also ruled that the parties sould share the damage, if there was any damage at all. It is inappropriate to comment... |
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| Deloitte On the Move |
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04 May 2005 |
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Budapest, May 4, 2005 - Due to continuous growth in revenue and headcount and having outgrown its current offices in Nádor utca, Deloitte's management decided to look for new headquarters for its more than 250 colleagues. Work starts at the new offices in Dózsa György út in the morning of 9th May, Monday. It is not by chance that the company's choice fell on the Museum Atrium wing of the Park Atrium building complex designed by Erick van Egeraat and his team. Both its outstanding quality and architectural design make the building singular in the office market. A three-story garage for 120 cars is situated below... |
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