View the collection of Deloitte in Hungary press releases.
| Deloitte experts on the latest tax and accounting related changes of 2008 in the energy industry |
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26 March 2008 |
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Budapest – 26 March 2008 Players of the energy market must consider the new provisions of the amended Accounting Act as well as the amended regulations on transfer prices and local business tax, while they are also required to comply with the obligations that arose from the latest amendment of the VAT Act. At today's seminar the Deloitte experts drew the clients' attention to the tax and accounting related changes affecting the energy industry. Accounting changes and current audit issues
One part of the provisions amending the Accounting Act is intended to harmonise law, while others are... |
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| F1 Grands Prix are the world’s most valuable annual sporting events |
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17 March 2008 |
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London, 17 March, 2008 — Formula 1 boasts the world’s highest revenue generating annual sporting events, with the 18 Grands Prix in 2007 having an average revenue of $217 million. This compares with per game values of $24 million in the NFL, $8 million in the FA Premier League and $2 million in the MLB..jpg) At absolute revenue levels, F1’s global revenues of $3.9 billion (Source: Formula Money) mean only the NFL ($6.5 billion in 2006) and MLB ($5.1 billion in 2006) earn more revenue, albeit from a substantially higher number... |
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| Private Equity – Proceeding with caution |
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13 March 2008 |
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Budapest, 13 March, 2008 — According to the most recent Deloitte Central Europe Private Equity Confidence Survey, investor confidence has weakened due to developments in global private equity and debt markets. Key survey findings Confidence decreased in line with global markets
The economic climate and availability of debt finance deteriorated compared to the August figures but most of the survey respondents consider them unchanged
A lower amount of private equity deals should be expected In April 2007, the index hit its all time high when it reached 146 points. The downturn of the... |
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| Regional outlook: tax advantages for lease companies |
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06 March 2008 |
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Budapest – 6 March 2008 Tax advantages of lease companies in the region were in the focus of today's conference entitled "Leasing Breakfast", organised jointly by Deloitte and the Hungarian Leasing Association, attended by acknowledged international tax and leasing experts. In addition to the country specific analysis of the business environment, the experts of the regional leasing market gave an overview of the general and tax regulations relating to lease transactions in Hungary and the neighbouring countries. The Hungarian leasing market is regarded as highly developed in the region, but there are further... |
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| Hungary well behind in terms of "green" public procurement |
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28 February 2008 |
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Budapest, 28 February 2008- During the last three years, Deloitte reviewed the documentation of over 250 EU public procurement projects in environment protection and transport. A study by Deloitte's environmental consulting business line found that while in recent years environment protection became an integral part of business decisions in the private sector, this transition is yet to speed up in the public sector. What's more, for domestic public procurement projects there are several obstacles for green considerations to gain ground - experts believe that an amendment to the public procurement act could bring about a... |
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| Deloitte experts on the latest taxation and accounting changes in 2008 affecting the financial sector |
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26 February 2008 |
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Budapest – 26 February 2008 Deloitte experts analysed and summarised current taxation and accounting issues affecting the financial sector in an industry-specific manner in a seminar. Corporate income tax, transfer prices, branch offices
"Before the EU accession, in March 2004 Hungary announced Act II of 2004 on Motion Pictures to the European Commission as a so called existing aid with a view to providing certain benefits to cultural and audiovisual objectives in films produced in Hungary" said István Veszprémi, Deloitte's tax consultant. Subsidies have clearly boosted Hungarian... |
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| United rise but Real Madrid stays top |
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14 February 2008 |
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London – February 14, 2008 — Manchester United has climbed two places to second in the latest Football Money League from business advisory firm Deloitte, which ranks the 20 biggest football clubs in the world based on revenue. Real Madrid remains the world’s largest revenue generating club, completing a hat-trick of first place finishes. Analysis in the Football Money League is based on the latest financial information for the 2006/07 season. Manchester United is joined in the top five by Chelsea and Arsenal. Chelsea has climbed two places to fourth whilst Arsenal is the biggest... |
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| Deloitte analyses top trends for the telecommunications, media and technology industries in 2008 |
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12 February 2008 |
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Budapest, Hungary – 12 February 2008 — Deloitte has announced its traditional annual predictions for the telecommunications, media and technology (TMT) industries. This is the seventh issue of Predictions summarising top trends and expected events interesting to both market players and individual users in 2008. These are global trends, however, some may directly influence Central European and Hungarian markets. The most important findings of TMT predictions for 2008 are summarised by Zsuzsa Kigyós , according to whom the industry players are again to face exciting challenges in 2008. In the wake of the US credit... |
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| International recognition for Deloitte's senior manager |
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08 February 2008 |
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Deloitte staff member Attila Szendrey has recently obtained the most coveted international professional certification available to internal audit experts, which is the Certified Internal Auditor (CIA) qualification issued by the Institute of Internal Auditors (IIA). Attila Szendrey, already CISA (Certified Information Systems Auditor) certified, is a senior manager at Deloitte's Enterprise Risk Services department. Established in 1941 and seated in Altamont Springs (US), IIA is an international chamber of professionals comprising over 150 thousand members; its CIA certification can only be obtained by candidates by completing a strict... |
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| European Powers of Construction ranking released |
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31 January 2008 |
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Budapest, January 30, 2008 - Deloitte’s European Construction and Infrastructure Group has recently released its annual report which looks at construction company performance. The study ranks the largest 100 European builders by revenue, and examines the hurdles construction companies face in an increasingly challenging building environment. Leaders of the pack
Consistent with last year, France leads the pack with four of the top ten European construction companies and the UK continues to dominate the top 100. Eighty-three companies reported revenue growth, with... |
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