Hungarian CEOs lean towards optimism
confident about own revenue growth
think that sudden changes in production technologies are the most distruptive
planning to increase headcount
For Hungarian companies, Germany remains the most important target for market growth, while Romania has climbed to second place in one year. CEOs are optimistic about the future, despite major challenges such as a labour shortage, changing workforce demographics, and an increasing tax burden on labour.
Insights in 1 minute
“Last year was tough for decision makers around the world. At the beginning of the year we saw mostly the risks, but now it looks like 2017 was about stabilisation in the world economy. The United States and China gained further strength, while Russia and Brazil slowly embarked on a path to economic recovery. Concerns over the future of the Eurozone in the wake of Brexit have also eased somewhat. While last year expectations were driven by risks, this year CEOs, both in Hungary and worldwide, are rightfully optimistic in their outlook for the global economy. I expect CEOs’ optimism to continue, as we look forward to a more peaceful and predictable year,” said Nick Kós, PwC Hungary’s Country Managing Partner.
Click here for the press release, the infovideo about the main findigs of the survey is on the right.
This is the seventh year PwC has conducted the Hungarian CEO Survey. Our survey is based on PwC’s Annual Global CEO Survey, which is now in its 21st year, and provides insight into Hungarian CEOs’ thoughts on challenges and opportunities for their companies, industries, and the general business environment. The survey was conducted in cooperation with the Confederation of Hungarian Employers and Industrialists (MGYOSZ).
Partner, PwC Hungary
PR Manager, PwC Hungary