View the collection of Deloitte in Hungary press releases.
| Technology and manufacturing expected to push equity investment in Central Europe |
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26 November 2003 |
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Prague, 26 November, 2003 - Investors are bullish about the business prospects in Central Europe - and they are dramatically changing their economic focus. Technology and manufacturing sectors are increasingly likely to be the focus of equity investment according to the latest Deloitte Central European Private Equity Confidence Survey. While equity investment is currently a fraction of levels in Western Europe, this is changing. Driving the increase is the region's economic growth, increasing consumer purchasing power, and businesses moving to capture the opportunities presented by EU accession. Market activity on the... |
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| Fast 50 CE ranking results: Alternative telecom jumps to the lead of technology tigers |
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07 October 2003 |
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Prague, Oct. 7, 2003 - Deloitte announced today results from its annual Fast 50 search for the fastest growing technology firms from countries in Central Europe. The winner of this year's competition is Aliatel with 4,846 % growth over the last five years. In the accompanying survey, almost half of the Fast 50 technology firms expressed their concerns over limited access to capital and identified sales and marketing as the major operational challenges. Aliatel, an alternative telecom operator based in the Czech Republic, took the lead position in the Fast 50 ranking for 2003. Over the past five... |
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| Football Finance: England the European champions in a €10 billion game |
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30 July 2003 |
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The twelfth edition of the Deloitte & Touche Annual Review of Football Finance shows that the turnover of English football’s top division clubs has increased seven-fold in ten years to GBP 1,132 million in 2001/02. Deloitte estimates Premiership revenues will have exceeded GBP 1.25 billion in 2002/03. The Football League clubs have meanwhile grown their income to GBP 467 million.
The majority of the increase in English clubs’ turnover in 2001/02 was in the Premiership (up GBP 195m or 21%) to GBP 1,132 million. The Football League recorded an increase of GBP 135 million (41%)... |
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| Central and Eastern European companies not prepared for EU accession |
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23 July 2003 |
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Budapest, July 23, 2003 Deloitte & Touche has recently published the results of a survey conducted by Eurochambres (The Association of European Chambers of Commerce) in 10 Central and Eastern European countries about corporate preparedness for EU accession and readiness for a Single Market. Although 60% of the companies are generally optimistic about their prospects in the Single Market they are not exploiting the possibilities to obtain information on EU legislation. Companies from new member states will be obliged to accept and implement the Acquis Communautaire, which permits the EU to maintain undisturbed... |
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| Deloitte & Touche supports financial institutions' fight against money laundering with a new program |
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09 June 2003 |
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Budapest, May 28, 2003 - Deloitte & Touche has developed a total enterprise approach to managing money laundering risk. It enables financial institutions to manage their risk across lines of business and in multiple jurisdictions, while meeting the expectations of regulators, shareholders and employees. The eight-point program consists of the following components: Compliance procedures must include: - Maintaining a strong control...
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| Deloitte & Touche appoints new CEO for Central Europe |
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04 June 2003 |
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Prague, June 3, 2003 - Bob van Nes, is taking over the position of Chief Executive Officer of Deloitte & Touche in Central Europe, succeeding Trevor Wallinger, who will continue as a senior partner in the firm. Prior to his election as CEO for the 16 countries in Deloitte & Touche in Central Europe, Bob van Nes served as vice chairman of the Deloitte & Touche executive committee in the Netherlands and as the Regional Assurance Partner for the Europe, Middle East and Africa region. Previously, Bob van Nes was the CEO of the VB Groep, one of the largest professional services firms in the... |
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| Global supply chain management study unveiled |
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04 June 2003 |
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Prague, June 3rd 2003 - Intense pressure to reduce costs and expand into new markets has manufacturers worldwide shifting production and spreading out supply chain and other operations well beyond their home geography, according to initial results of global manufacturing benchmark survey unveiled today by Deloitte & Touche, one of the region's leading professional services firms. The study, “The Challenge of Complexity in Global Manufacturing - Trends in Supply Chain Management,” examines the increasingly complex and fragmented supply chain environment, the... |
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| Deloitte Touche Tohmatsu ends discussions to separate Deloitte Consulting |
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22 April 2003 |
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New York, March 28, 2003 – Deloitte Touche Tohmatsu announced today that its member firms have ended their discussions to separate Deloitte Consulting through a buy-out of that practice by the consulting group’s partners. The global organization cited external factors including the tight credit market and the uncertain state of the economy. Deloitte Consulting partners will continue to provide a broad set of professional services, principally focused on nonaudit clients. Deloitte Touche Tohmatsu... |
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