View the collection of Deloitte in Hungary press releases.
| Being left out means being left behind |
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20 May 2004 |
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20 May, 2004 Budapest, - Today knowledge of the Hungarian legal system is no longer sufficient to successfully operate an undertaking. Hungary joined the European Union on 1 May 2004, but this accession is in no way similar to the annexations experienced so many times in the course of history. In this case the task is to harmonize the co-existing legal system of Hungary and the EU. This is exactly what causes difficulties, because the co-existence of the two legal systems must be placed in a proper framework, - as it was pointed out at the press meeting held by Deloitte. According to Mr. Balázs Békés,... |
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| EU accession will boost foreign investment - Deloitte survey findings |
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18 May 2004 |
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Budapest, 18 May, 2004 - A Deloitte survey released at the European Economic Summit 2004 in Warsaw by Otto Jelinek, Chairman of Deloitte & Touche Central Europe, shows that 81% of Western European companies believe that accession to the European Union will make the new member states more attractive for foreign investment. Please see attached Deloitte's press release. |
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| The New Europe - TeleCities and Deloitte welcome the mayors in the new EU member states |
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12 May 2004 |
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12 May, 2004 Budapest - Deloitte's Tax practice and The Economist Intelligence Unit , the London-based business information arm of The Economist Group, have produced Country Snapshots <\heartintdocdttsection_node0,2332,sid%253D11410,00.html />. This series of reports provide an at-a-glance summary of key economic indicators, business and financing climates, tax regimes, trade and investment matters and the labour environment for 60 of the world's leading trading nations, including all EU acceded countries. The summarized reports, which are updated twice a year, are part of a more... |
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| EU accession will boost foreign investment |
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29 April 2004 |
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A Deloitte survey released at the European Economic Summit 2004 in Warsaw today by Otto Jelinek, Chairman of Deloitte & Touche Central Europe, shows that 81% of Western European companies believe that accession to the European Union will make the new member states more attractive for foreign investment. Warsaw, April 29, 2004: Addressing the WEF European Economic Summit 2004, held in Warsaw, Poland 28-30 April, Otto Jelinek, Chairman of Deloitte & Touche Central Europe, pointed out the positive spirit that prevailed in the survey,... |
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| Seminar by Deloitte on tax - From among tax categories, accession most affects VAT |
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06 April 2004 |
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Budapest,6 April, 2004 - In order to provide information on changes in taxation in the context of EU-accession and on the impact of such changes on domestic companies, Deloitte held a seminar whose high professional level was guaranteed by the presentations made by senior experts from the Ministry of Finance and Deloitte. EU-accession brings along numerous challenges regarding indirect taxation and the related administrative tasks, the preparation for which is of vital importance for companies. In the middle of March, 45 days preceding EU-accession, in the last minutes for them to become effective,... |
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| The amendment of the Accountancy Act took effect on 1 January 2004 - Rating decides everything |
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17 March 2004 |
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Budapest, March 17, 2004 - According to the survey performed by Deloitte, the amendment of the Accountancy Act was received with 96% incomprehension. That is why the company held a seminar on the latest changes to the Accountancy Act. The latest amendment to the Accountancy Act (LXXV of 2003), in the first place, introduces the regulation on the valuation of financial instruments (assets and liabilities) at real value. The scope of such assets and liabilities has become more extensive and the legislator has also prescribed a new rating. The purpose of the amendment of the act is to comply with the obligation of the... |
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| „20 Keys Program”,with Deloitte’s Professional Support |
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12 February 2004 |
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Budapest, February 12 2004 - The Ministry of Economy and Transport (GKM) issued a tender within the framework of its „Economic Competitiveness Operative Program” (GVOP) for small- and medium-size companies. The tender supports the introduction of state-of-the-art management systems and techniques. The funds available for subsidy is 956 million HUF; GKM finances 50% of the implementation costs. Tenders are accepted from 16 February 2004 until 30 September 2004. Submission and evaluation of tenders is continuous. The “20 Keys” method is part of the tender and is aimed at improving the competitiveness and... |
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| Energy and finance drive the Hungarian merger and acquisition market |
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27 January 2004 |
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Budapest, January 27, 2004 - Regional expansion and a focus on core business were the major forces in the Hungarian merger and acquisition market during 2003. MOL, the Hungarian oil and gas company, dominated the ranking of the year's largest transactions 1) as a result of its expansion into Slovakia and Croatia. “Regional expansion via acquisitions is the key to achieving further growth for most leading corporations in Central Europe,” said Béla Seres, Partner in charge of Financial Advisory Services of Deloitte in Hungary. The Hungarian M&A market was dominated by local firms... |
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| Deloitte expands its European aviation fleet |
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20 January 2004 |
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Prague, January 20, 2004 - Deloitte recently added Czech Airlines to its client portfolio, strengthening its unique position in European aviation market. Other airline clients in Deloitte's European fleet include also Air France, Alitalia, Austrian Airlines, Croatian Airlines, Hapag-Lloyd, Iberia, SAS and Turkish Airlines. Czech Airlines is a leading airline in Central Europe, carrying more than 3 million passengers a year and registering traffic revenue of over 435 million USD. “The addition of Czech airlines to our audit portfolio shows that our focus on the problems and challenges of this sector has been correct,”... |
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| New Telecom Operators’ Regulatory Forum |
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15 January 2004 |
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Prague, 14 January 2004 - An association of telecommunications operators from Central & Eastern Europe, with a primary mission “to assist associated fixed network operators to do their business more effectively”, is to be established. Key wire line operators active in Central and Eastern Europe (the “Operators”), recognize that there are several pressing issues in the regulatory area, including: - The impact of regulations (in general);
- The regulation of broadband;
- Relations with national competition authorities and wholesale businesses;...
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