View the collection of Deloitte in Hungary press releases.
| Fastest Growing EMEA High-Tech Firms Identified |
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27 November 2007 |
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Average growth rates highest since Fast 500 began in 2001, confidence high despite economic uncertainties- The UK has the most ranked companies with 81 of the 500, followed by France with 68.
- Israeli firms take first, second and third place.
- Average five-year revenue growth for all companies is 1443 percent, the highest since the awards began.
- Survey of Fast 500 CEOs reveals that 79.5% of this year’s CEOs were extremely or very confident of managing the same growth rates over the coming two years.
The full list of the Deloitte Technology Fast 500 EMEA is announced today,... |
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| Solvency II |
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22 November 2007 |
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Budapest, Hungary – 22 November 2007 The current regulations pertaining to insurers' capital requirements (commonly referred to as Solvency I) have been in force in the EU for decades. This regulation, based on the premium income and damage-related costs of insurers, does not sufficiently take into consideration the risk profile of the company's portfolio and activities.
It has been the trend of recent years that the profit and operation of capital markets has exerted an ever increasing influence on the efficiency of the insurance industry.
The overlap between the banking and insurance industries... |
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| The winner of this year's Deloitte Green Frog Award is ATEL Csepeli Vállalatcsoport |
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22 November 2007 |
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Budapest, Hungary – 22 November 2007 Deloitte's aim with the Central European Regional Environmental Reporting Award, also known as the "Green Frog" award, founded in 2001 is to help regional companies prepare to participate in the European Union's environmental and sustainability tenders. Deloitte's porcelain frog has been awarded since 2001 to companies that prepare the best environmental or sustainability report according to the professional jury. In former years an average of 8-10 reports were nominated for Deloitte's Green Frog award. 2007 proved... |
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| Deloitte to launch a talent competition |
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30 October 2007 |
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Budapest, Hungary – 30 October 2007.
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| Deloitte announces record financial performance worldwide |
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16 October 2007 |
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Budapest, October 16, 2007 – Deloitte Touche Tohmatsu (“Deloitte”) today reported that aggregate member firm revenues increased by a record 15.5 percent in U.S. dollars, to US$23.1 billion for the fiscal year ended 31 May 2007. This marks Deloitte’s fifth consecutive year of member firm double-digit revenue growth from continuing operations. Every service line and every geographic region delivered double-digit growth. Deloitte‘s revenues were reported in the Deloitte Touche Tohmatsu Worldwide Member Firms 2007 Review, Milestones on the Journey¸ which was released today in... |
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| 11 Hungarian companies amongst the winners |
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15 October 2007 |
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The 2 highest ranked Hungarian companies, Assocom Kft. (6th) and AITIA International Zrt. (9th) have shown 1 605%, and 1 3019% growth over the past 5 years. Polish Blue Media Sp. z o.o. with record-breaking revenue growth of 11,226% over five years is again the overall winner of the 8th Technology Fast 50 annual ranking measuring the growth of technological companies in Central Europe. Technology Fast 50 winners experienced average revenue growth of 910%. Deloitte’s Central European Technology Fast 50 is the only regional annual award programme that ranks technology companies located in Central Europe by revenue growth over five... |
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| Business tax not contrary to EU law |
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11 October 2007 |
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Budapest, Hungary – On 11 October 2007 the European Court of Justice ("ECJ") passed a decision in the lawsuit concerning local business tax ("LBT") that has been dragging on for years. In the meaning of today's ECJ decision LBT is not a forbidden turnover tax and its application is possible under Community law. "The European Court of Justice interpreted the relevant laws very widely and permissively", commented dr. Péter Oszkó, Chairman-CEO of Deloitte Hungary on the Luxembourg decision. "Today's decision basically makes it possible for EU member states to introduce or maintain any type of turnover taxes in... |
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| Room for reduction |
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18 September 2007 |
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Budapest, 18 September 2007 - The European Union publishes the carbon-dioxide volumes allocated to emittors as well as the actual (verified) amounts emitted, broken down to member states and companies on its official website. On the basis of this list the environmental expert team of Deloitte has compiled a comparative regional evaluation of the changes in emissions. It is important to note that changes in the first two years have only limited implications in the long run, however, analysing the current results is also important for our shared future. The carbon-dioxide emission of over two-thousand sites is... |
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| Deloitte has ranked the top 500 CEE firms with the highest sales |
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11 September 2007 |
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Budapest, Hungary – 11 September 2007. According to the ranking of regional firms prepared by Deloitte for the first time this year, 183 of the biggest Central and Eastern European firms (37%) are based in Poland, 16% (82 companies) in the Czech Republic, while both Hungary and Ukraine have 13%. 80% of the biggest companies of the region come from these four countries. The Czech Republic and Hungary has a bigger share of this illustrious group, considering their population of 10 million, compared to that of Poland (population: 38 million) and Ukraine (population: 46 million). The largest Central and Eastern... |
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| Broadcast revenues fuel record transfer spending |
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06 September 2007 |
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Transfer spending by English clubs has exceeded £500m this summer, around two thirds higher than the previous record of £300m spent in summer 2006, according to analysis by the business advisory firm, Deloitte. New owners at Premier League clubs combined with the increase in broadcast payments to clubs for the 2007/08 season, are key drivers of the unprecedented rise in spending. Paul Rawnsley, director in Deloitte’s Sports Business Group, commented: “This summer’s transfer spending by English clubs has beaten all previous records, but as Premier League clubs will receive around £300m of... |
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