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In our daily work we often deal with problems which require professional analysis and complex studies containing valuable information about market trends. We also conduct global and domestic surveys in a wide range of economic topics which generate public interest.
Our press releases provide not only business journalists and professionals but also college or university students with a clear basis to start analyzing different topics. Should you need further information concerning the above, please feel free to contact us.
Asked to rank job characteristics in order of importance, prospective hires put flexible work options and a good rapport with colleagues at the top of the list. Money is important, but prospective employees’ needs go beyond their salary: they only ranked it third among the top five priorities. In the survey, conducted between November 2016 and March 2017, PwC Hungary asked 13,000 high schoolers, college students and recent graduates about their job preferences.
A large majority of global banks, insurers and investment managers intend to increase their partnerships with FinTech companies over the next 3 - 5 years and expect an average return on investment of 20% on their innovation projects, according to a new PwC report Redrawing the lines: FinTech’s growing influence on Financial Services.
Resilient European economies, the continued popularity of Mediterranean leisure destinations and Europe’s importance for business travellers, should drive hotel occupancy and revenues in 2017, according to the latest PwC European Cities Hotel Forecast.
Hungarian CEOs are confident about their company’s growth prospects over the next 12 months, but are less optimistic about Hungarian and global economic growth. Looking at target markets, the US and China have grown in importance, while Germany remains the country CEOs view as the most important. CEOs identified innovation and human capital as the two areas they most want to strengthen in order to capitalise on new opportunities. They are concerned that key skills shortages, which have become more acute in recent years, could impair their outlook. In fact, 92% of CEOs say this is the single biggest obstacle to their company’s growth.
Despite 10 years of continued investment and commitment from top executives, PwC’s 2017 Digital IQ results show enterprises struggling to return value, overlooking fundamental integration of technology with the human experience.
The long-term global economic power shift away from the established advanced economies is set to continue over the period to 2050, as emerging market countries continue to boost their share of world GDP in the long run despite recent mixed performance in some of these economies.
While CEOs around the world feel they have plenty to worry about in the year ahead, their confidence in their own growth prospects and their outlook for the global economy are back on the rise.
By 2020, companies will have shifted the majority of their R&D spending away from product-based offerings to software and service offerings, according to the 2016 Global Innovation 1000 Study from Strategy&, PwC’s strategy consulting business. The need to stay competitive is the top reason why companies cited a shift in their R&D budgets towards software and services, and for good reason – according to the study, companies who reported faster revenue growth relative to key competitors allocated 25 percent more of their R&D budgets to software offerings than companies who reported slower revenue growth.
Despite year on year progress in simplifying and reducing the burden of tax compliance on business, the latest report by The World Bank Group and PwC finds that post-filing processes for Value Added Tax and Corporate Income Tax returns are amongst the most challenging and lengthy to comply with. In some cases, the length of the processes can create cash flow and administrative delays of up to two years for companies.
PwC Hungary is proud to announce the appointment of four new directors. Anikó Réfi, Gergely Juhász, Anita Sávoly-Hatta and Miklós Novák began to serve in their new roles in the Tax Advisory and Assurance service lines from 1 October 2016.
London claims pole position for the second time in a row a comprehensive benchmarking study of 30 leading business centres globally, boding well for its ability to withstand post–Brexit competition on a number of fronts. Singapore comes second in PwC’s Cities of Opportunity Index; Toronto third, with Paris and Amsterdam completing the top five. Overall, European cities take four of the top ten places.
The market capitalisation of the 100 largest companies globally decreased significantly for the first time since post-crisis levels, down 4% compared to 31 March 2015 according to PwC’s Global Top 100 ranking. The main drivers of the decrease were Chinese companies, which were heavily affected by market conditions in China over the year, and Europe, which struggled with economic growth this year.
PwC expects accelerated growth in Exchange Traded Funds (ETFs) over the next five years, with global assets under management (AUM), expected to exceed $7 trillion by 2021. A new report, ‘ETFs: A roadmap to growth’ predicts the market will achieve further significant growth through entering new markets, expanding distribution channels and asset classes.
PwC’s latest IPO Watch predicts European IPO proceeds are unlikely to exceed €25bn by the end of 2016 (less than half of 2015when €57.4bn was raised) following the UK’s vote to leave the EU, however, an uptick in activity towards the end of the year is expected if conditions improve.
Total transactions for Europe’s five most prominent sharing economy sectors – collaborative finance, peer-to-peer accommodation, peer-to-peer transportation, on-demand household services and on-demand professional services – could see a 20-fold increase to €570 billion by 2025, up from just €28 billion today, according to new analysis by PwC.
Yesterday a referendum was held in the United Kingdom to decide whether the UK should remain in the EU, based on the final result of which the supporters of BREXIT won by 52 % to 48 %, therefore the UK is supposed to leave the EU.
With the 2016 Olympic Games in Rio de Janeiro fast approaching, speculation turns once again to how many medals each country will win. So PwC economists have stepped up to the starting blocks to produce some benchmarks against which performance at the 2016 Olympics can be measured.
Global inclusion in the Internet could bring seven percent of the world’s population – 500 million people - above absolute poverty levels, and add US$6.7 trillion to global economic output, according to a new study by Strategy&, PwC’s strategy consulting business.
Global study by PwC: companies expect Industry 4.0 to generate over $US 900 billion to benefit costs, efficiency and profits. More than half of them estimate ROI within two years. Demand for IT specialists and data security are the biggest challenges.
Oil and gas firms need to expand their focus beyond short-term issues such as tumbling oil prices and over supply if they are to successfully navigate the growing range of disruptive forces that will shape the industry, according to PwC’s New Energy Futures report.
To mark International Women’s Day (IWD) on Tuesday 8th March 2016, PwC surveyed 3,937 professionals from 40 countries to find out about their international mobility experiences and aspirations. Of these 3,937 respondents, 2,285 were women and 1,652 men. In parallel, PwC surveyed 134 executives with responsibility for global mobility to explore current mobility, talent management and diversity trends.
CEOs in Hungary are more optimistic than their counterparts in other countries about the future, according to PwC’s latest Hungarian CEO Survey. Globally, 82% of CEOs are confident about their own prospects for revenue growth, while in Hungary 84% of CEOs reported the same.
Economic crime continues to be a serious issue affecting organisations worldwide. PwC's new Global and Hungarian Economic Crime Survey show that the incidence of economic crime has declined by 5% compared to seven years ago. Economic crime has decreased not only in Hungary, but also in the CEE region and globally. But this decrease is actually masking a worrying trend: that economic crime is changing significantly, but that detection and controls programmes are not keeping up with the pace of change.
It’s been a landmark year for mergers & acquisitions (M&A) across the power and renewables sector, according to PwC’s latest annual Power and Renewables Deals report.
Geopolitical threats rise as CEO’s global growth confidence falls
PwC Hungary has brought Dr Csaba Polacsek aboard as an executive director in its advisory group. He joined the firm in January 2016.