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Euro adoption

Deloitte has been providing services related to euro adoption for the Slovak market since 2006. Through its international network, Deloitte co-operates with its offices in Eurozone countries which adopted the euro in the first wave, as well as those adopting the euro in the second wave, such as Cyprus.

At the outset, Deloitte's clients in Slovakia were large banks which were the first to commence preparations for the euro. Currently Deloitte's clients include companies from a range of industries including financial institutions, telecommunication companies, manufacturers, and the mass media.

Deloitte provides services which cover all phases of euro adoption from the beginning (initial analyses of the impact of euro adoption on the company, preparation of euro adoption plan and development of strategy, preparation of requirements for changes for vendors of information systems, coordination of change testing in information systems, provision of technical and organizational backup to the conversion from the beginning of January 2009, management of euro projects through lending a Deloitte manager to lead the conversion in the company) up to ad hoc consultancies and trainings/workshops covering specific euro adoption issues in accounting, taxes, and dual pricing.