Majority Of CEOs In Hungary Optimistic

  • 28 Feb 2014 8:00 AM
Majority Of CEOs In Hungary Optimistic
A total of 72% of CEOs participating in the fresh PricewaterhouseCoopers (PwC) Hungarian CEO Survey said they are optimistic that their companies will grow over the next year, PwC Hungary Tax and Legal Services Director Tamás Lőcsei announced on Thursday.

A total of 85% of CEOs surveyed said they were optimistic that their companies would grow over the next three years. A total of 34% of CEOs cited expanding markets as a factor contributing to improved competitiveness, while 28% mentioned structural transformation and 26% clientcentered business practices.

Among the factors contributing to deteriorating competitiveness, the CEOs identified taxation, narrowing markets, loss of markets and unpredictability. A significant number of the CEOs interviewed said growth risks included lack of trust, the unavailability of professionals and corruption.

Source www.hungarymatters.hu

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