September 21, 2011, Győr
PwC set to contribute to the success of Győr as an active player on the local economic scene
PricewaterhouseCoopers (PwC), the leading advisory company in the world, opened its first regional office in Győr, Hungary in September. Among the BIG 4 international assurance, tax and legal, and advisory practices, PwC was the first to set up an office outside of Budapest in Hungary, and as a result, the region will see the firm’s staff members delivering PwC’s outstanding standard services directly.
Investment, job creation and plans for development – these have been the buzzwords heard in connection with economic news in Győr and regional events for quite some time now. According to figures from the Hungarian Central Statistics Office to be released soon, the industrial sector in Győr-Moson-Sopron County produced performance growth in excess of 20 percent in the first half of 2010. It added another 11.9 percent growth in the same period of 2011, and thus achieved growth that is half as much again as the national average. As demonstrated by the figures, the major companies, as well as the small and medium size enterprises that operate in Győr all contribute to the region’s success. The reason PwC decided to open its first regional office in Győr lies in the fact whereby it wishes to assist local businesses with the know-how and experience of the firm’s associates, as well as to contribute to development in the region as a tax advisor.
‘PwC has been present in Hungary for 20 years. During the past two decades, the firm has been a definitive player contributing to the settlement and strengthening of foreign companies arriving in Hungary – and in Győr within that – as well as to the development of local businesses, and thereby to the dynamic development of the Hungarian economy, said George Johnstone, CEO of PricewaterhouseCoopers, and went on to say: “PwC can be proud of its achievements and the leading role it has in the advisory sector. We are convinced that we must intensify our presence outside the capital city in the interest of our accomplishing even more dynamic development, so Győr is just the first in the series of PwC offices outside of Budapest. Our faith in Győr’s capacity to grow is firm, and we want to contribute to this development by making our know-how available; this is exactly why we chose this city when we decided to open our second office in Hungary.”
At the press event held in conjunction with the inauguration, Zsolt Borkai, Mayor of Győr, a town with county jurisdiction, welcomed PwC’s decision and pointed out its positive impact on the development of the city and the region alike.
“As the mayor, I am proud that a major company like PwC, which we have known for a long time here in Győr as well, decided to open an office in our city. I see the validation of our economic policies in this initiative: Győr’s dynamic development entails a serious opportunity for every business that is willing and able to participate in developing our economy. I hope that PwC will contribute to the success of numerous enterprises in Győr through its expertise and services, and also assist in the work of authorities and the municipal government, thus the firm’s presence in our city will be mutually beneficial,” said Mayor Zsolt Borkai.
According to Péter Lőre, Audi Hungária Motor Kft.’s Director for Corporate Communications and Governmental Relations, PwC’s opening of its Győr office is also an indication of the region’s potential and growth opportunities. In his address, he said: “Audi Hungária has come to know a dedicated and highly professional service provider in PwC, and is happy to see the practice come closer to its clients from now on. We believe that PwC opening its office in Győr goes to confirm the continuation of dynamic development in the Győr region. This growth will be underpinned further by the Audi investment project that is under way. The presence of a world standard advisory specialist like PwC will also contribute greatly to this development.”
PwC appointed Kornélia Lett to lead the Győr office, and she talked about plans with great enthusiasm: “The opening of the Győr office is a milestone in PwC’s life. Our firm is focused on its clients, maintains personal relationships with them, and this is why we believe opening the Győr office was so important. In addition to delivering services to our clients, we would like to participate in every activity that expedites innovative solutions, as well as the sharing of professional experience and know-how.
A staff of approximately 30 colleagues will be working at PwC’s Győr office in the Leier City Center, and the practice is planning to expand this headcount continuously, by – and this is no secret – engaging local talent. The offices will deliver the full range of its services primarily to enterprises active in the Northern Trans-Danubia Region, and will also be able to participate in cross-border cooperation in collaboration with PwC offices in Austria and Slovakia.
Notes to Editors
Two decades in Hungary
PricewaterhouseCoopers opened its office in Budapest, Hungary more than 20 years ago, and by now there are more than 600 associates working there thanks to continuous growth, and in line with out market leading position.
PwC’s member practices provide industry specific assurance, tax & legal, and advisory services to create added value for our clients. More than 163,000 experts in 151 countries across our network of PwC affiliate practices combine their thinking and experience to develop fresh perspectives and complex expert advice.