Central European CFOs are unwilling to take risks
Central Europe CFO Programme
The Deloitte CE CFO Survey is a unique collection of 6 locally tailored reports reflecting the opinions of 265 CFOs of leading companies in the Central European region. The findings are based on the second edition of a Deloitte survey undertaken in January in the region's six largest economies – Croatia, Czech Republic, Hungary, Poland, Romania and Slovakia. All the unique reports provide fascinating insights into CFO opinions at a key moment in economic history.
"A vast majority of Polish companies have been less affected by the current economic slowdown than other companies in Europe. Therefore our perception of economic reality is justly optimistic. Polish companies should take this opportunity and try to take decisive steps to win those markets through acquisitions or investments."
Rafał Regulski, Vice President of the Management Board, Finance Director, Alchemia S.A.
Local country insights
Did you know that:
Polish CFOs are the most optimistic and least risk averse from the region, with 35% of them feeling that now is a good time to take more risk onto their company's balance sheets.
On the other hand, Hungarian CFOs are the most risk averse and pessimistic with close to 97.7% CFOs unwilling to take risk and around 40% expecting recession for the upcoming year.
It is in the Czech and Slovak Republics that CFOs have the most positive approach to bank financing as a source of funding (30.4% and 33.3% respectively), while the most negative attitude is in Croatia where around a third find it unattractive. Czech CFOs are also the only group from the region who do not have business remodelling and restructuring as their high priority.
CFOs in Romania and Croatia are the strongest supporters of raising funds through equity sales, while a high proportion of Slovak CFOs see it as unattractive.
Download the CFO Survey Poland
|Download the CFO Survey Croatia|
Download the CFO Survey Slovakia
|Download the CFO Survey Hungary|
|Download the CFO Survey Czech Republic||Download the CFO Survey Romania|