View the collection of Deloitte in Hungary press releases.
| New Deloitte global CEO applauds SEC decision on IFRS recognition |
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25 June 2007 |
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Budapest - June 25, 2007 - New Deloitte global CEO James H. Quigley said this week that governments and regulators must continue with genuine efforts to achieve consistency in the development and application of global financial reporting standards and a global reporting infrastructure in order to enhance protection for investors. Quigley, speaking from Berlin where leaders from Deloitte member firms gathered at the organization's annual World Meeting, pointed out that the increasing cooperation between the U.S. Securities and Exchange Commission (SEC) and the European Commission to facilitate mutual recognition of financial reporting... |
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| Manufacturers are failing to maximize returns from emerging market investments, Deloitte study shows |
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14 June 2007 |
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Budapest, 14 June, 2007 - Despite the size and remarkable growth of emerging markets, a surprising number of manufacturers are falling short of achieving their business goals, according to a new study by Deloitte's Global Manufacturing Industry Group. Less than half of the companies surveyed reported being extremely or very successful in achieving their revenue goals and operating goals in emerging markets. The study focused on the operational issues facing manufacturers who have established or expanded operations in five emerging markets: China, India, Southeast Asia, Latin America, and Eastern Europe. Among the executives... |
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| European football market grows 9% to €12.6 billion |
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05 June 2007 |
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Budapest, 31 May - Deloitte's latest Annual Review of Football Finance, released today, reports on the growth of the European football market and the overall improvement in the finances of the clubs in Europe's 'big five' leagues. Dan Jones, Partner in the Sports Business Group at Deloitte, commented: “Revenue growth amongst the 'big five' leagues and the successful World Cup in Germany helped drive up the total revenue of the European football market to €12.6 billion in 2006. Whilst there are a variety of challenges to be assessed and addressed by the game, there are many positive aspects about the... |
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| Risk Management at Financial Services Firms |
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31 May 2007 |
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Deloitte Survey: While More Boards of Directors are Responsible for Risk Management Oversight, Added Focus Needed on Less Traditional Risks Budapest, May 30, 2007 - As risk management receives heightened scrutiny in the boardrooms of financial services institutions, additional investment and management attention is needed, according to the fifth edition of Deloitte & Touche USA LLP's global risk management survey. While executives at financial services firms rated their risk management processes as extremely or very effective in the areas of market, credit and liquidity risk (each between 70 and 80 percent),... |
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| New VAT expert to further strengthen Deloitte’s Tax department |
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30 May 2007 |
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29 May, 2007, Budapest - Dr. Zsuzsanna Csátaljay continues her carrier as a new member of Deloitte's Tax team as of 10 May. Csátaljay, who is an acknowledged VAT expert, previously worked for the Hungarian Tax Authority for 16 years; between 2004 and 2007 she was the head of the VAT section at APEH's tax regulatory department. Zsuzsanna Csátaljay graduated from the Államigazgatási Főiskola, her education continued at PSZF, and was completed by a PhD at the law faculty of ELTE University. “The specialists of Deloitte's Tax department - in addition to their deep professional knowledge - are... |
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| Deloitte member firms: aging population will force dramatic changes in government services, tax systems |
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22 May 2007 |
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Budapest May 21, 2007 - An aging global population will force governments worldwide to revisit the services they provide to their citizens and rethink how they will continue to fund public services, according to Serving the Aging Citizen, a new study from Deloitte Touche Tohmatsu (“Deloitte”). 2011, the first wave of the Baby Boom generation will reach retirement age, which will mark a new era for governments across the globe. One measure neatly summarizes this challenge: in the coming years, the ratio of working-age people (15-65 years) to children (0-14 years) and elderly (65+), the “dependency ratio”, is likely to rise in most... |
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| Corporate social responsibility |
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22 May 2007 |
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Budapest, 22 May 2007 Deloitte supported two events last weekend: the Inca exhibition at the Museum of Fine Arts opened on 18 May, while in 2007 it was the fourth time Helios Mozgásakadémia Egyesület (Helios Movement Academy Association) had organised the running festival for the blind and visually impaired. Run in the light - a Deloitte running festival for the blind and the visually impaired took place on Sunday, 20 May, at the Centre of Athletics on Margaret Island. The event organised by Helios Mozgásakadémia Egyesület (Helios) and... |
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| Fastest Growing Technology Companies in Central Europe |
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15 May 2007 |
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Budapest, 15 May, 2007. - Deloitte Central Europe is proud to announce the kick-off of the 8th annual Technology Fast 50 programme, which recognises the fastest-growing technology companies in Central Europe. Deloitte´s Technology Fast 50 competition aims to give recognition to the fastest-growing and most dynamic new companies on the market. This prestigious competition is annually attended by high-tech companies from Poland, the Czech Republic, Slovakia, Hungary, and Latvia. This year we welcome two new participating countries that have expanding and competitive technology markets - Bulgaria and Romania.... |
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| Deloitte announces new CEO |
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09 May 2007 |
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Budapest, 9 May 2007 - Péter Oszkó has been appointed Chairman and Chief Executive Officer of Deloitte Hungary as of 1 June 2007 and will take over leadership of the company from Alastair Teare who has been temporarily heading the Hungarian operations since András Simor`s sudden departure for the National Bank of Hungary. Péter Oszkó will keep his position as Partner in charge of Deloitte's Tax function which he led since January 2006. Alastair Teare will continue with his earlier position as Reputation and Risk Leader of Deloitte Central Europe and continue to serve his Hungarian clients. "We were looking to find a leader with a... |
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| New service line in Deloitte’s portfolio |
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04 May 2007 |
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As of 2nd May 2007 Gyula Horváth joins the Consulting service line of Deloitte Co.Ltd. as Director . The expert's main role is to successfully launch the actuarial services that are already provided by Deloitte in Poland and in the Czech Republic. Gyula Horváth has more than 15 years of actuarial experience. He graduated from the Budapest University of Economics and has a post-graduate degree from the Actuarial faculty of the same university. He has been working for AB-Aegon for 10 years in various actuarial positions, finally being the Chief Actuary of the insurance company. Between 2000 and 2005 he provided actuarial... |
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