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News Releases - Ernst & Young - Croatia

News Releases

Recent news releases issued by Ernst & Young.

July 2010

  • Regulatory risk back on top as key threat to business performance
    Zagreb, 13 July 20010
    The third annual Ernst & Young Global Business Risk report highlights that despite the acute stress of the financial crisis having passed, organizations are still facing a variety of recurring and new threats and challenges across all sectors as the global economy exits recession.
  • CFO: a career destination – not a staging post to the role of CEO
    Zagreb, 6 July 20010
    A new report by Ernst & Young, entitled 'The DNA of the CFO', challenges the assumption that all chief financial officers (CFOs) are aspiring chief executive officers (CEOs) and instead finds that the majority see their role as a vocation of its own.

June 2010

  • Sovereign debt crisis hits Eurozone economic growth
    Zagreb, 24 June 20010
    The imminent threat of default may have passed but the crisis is far from over in the Eurozone, according to Ernst & Young’s quarterly Eurozone Forecast (EEF). The EEF has revised its forecast for the region’s growth down to 0.8% this year and 1.3% for 2011.
  • Global demand for electric cars could outweigh near-term supply
    Zagreb, 16 June 20010
    Over 25% of drivers surveyed across US, Europe, China and Japan said they would likely consider purchasing plug-in hybrid (PHEVs) or electric vehicle (EVs), as soon as they become available on the market, according to research by Ernst & Young’s Global Automotive Center.
  • FDI projects down 11% in 2009 in Europe
    Zagreb, 2 June 20010
    Ernst & Young’s 9th Annual European Attractiveness Survey released at the World Investment Conference revealed some stark contrasts in terms of inward investment projects announced across Europe in 2009.

April 2010

December 2009

  • Bivši zaposlenici kao rastuća prijetnja IT sigurnosti
    Zagreb, 7. prosinca 2009.
    Posljedice koje nosi odlazak zaposlenika, te nedostatak odgovarajućih sigurnosnih budžeta i resursa, postaju razlog najveće zabrinutosti iskusnijih IT djelatnika, navodi dvanaesto godišnje globalno istraživanje Ernst & Young-a o informacijskoj sigurnosti za 2009. godinu.

July 2009

  • Misaligned and fragmented risk functions jeopardizing organizations’ performance – Ernst & Young study
    Zagreb, 17 August 2009
    Ninety-six percent of organizations believe they have an opportunity to improve their risk management functions. Furthermore, nearly half say committing additional resources to risk management could create a competitive advantage, according to Ernst & Young’s Future of Risk survey, which examined organizations’ attitudes toward risk management.
  • Up to €20 billion tied up in working capital among leading European telcos
    Zagreb, 13 July 2009
    Up to €20 billion of liquidity could still be unnecessarily tied up in working capital among the 15 leading telecoms operators in Europe, despite significant progress being made in recent years, according to a new report by Ernst & Young.
  • IPO activity shows uplift but outlook remains uncertain 

    Zagreb, 7 July 2009

    Global IPO activity increased in Q2 with 76 IPOs worldwide compared with 52 the prior quarter, according to Ernst & Young’s second quarter Global IPO update. Deal value increased seven-fold to US$9.9 billion from just US$1.4 billion. However activity remains sharply down on 2008 levels when the second quarter saw 269 IPOs raise US$38.2 billion in capital.

June 2009

  • European Inward investment stalls as recession looms

    Zagreb, 4 June 2009

    Inward investment into Europe was flat in 2008, according to Ernst & Young’s annual Country Attractiveness Survey published today, demonstrating the global recession’s toll on investment projects into the region. 

May 2009

  • Network assets back in favor as power tilts towards pipe owners 
    Zagreb, 11 May 2009
    Despite the economic downturn, these are good days for asset-heavy incumbent telecoms operators with established networks, according to a new study of the telecoms sector by global professional services organization Ernst & Young.

April 2009

  • IPO activity continues to slow with just 50 IPOs worldwide in Q1 2009
    Zagreb, 7 April 2009
    Global IPO activity continues to stall, according to Ernst & Young’s first quarter Global IPO update. A total of 50 IPOs worldwide raised just US$1.4 billion in capital between 1 January and 31 March 2009. Only two deals raised over US$100 million. This compares with 78 IPOs worth US$2.6 billion the prior quarter.

March 2009

January 2009 

  • Strategic opportunities for oil and gas transactions in 2009
    London, 26 January 2009
    The volatility in oil prices and overall financial markets created a year of two halves for the global oil and gas industry.
    Buoyed by a high oil price environment, in the first half of 2008 oil and gas deal activity was strong. However, the slowdown in the global economy resulted in fewer mergers and acquisitions (M&A) in the second half of 2008 resulting in 1,094 deals for 2008, down 29% from the record level set in 2007. The total value of oil and gas transactions for 2008 was US$179bn.
  • Ernst & Young welcomes prospect of a global accounting language but warns that 2009 will be a critical year for IFRS
    London, 12 January 2009
    Ernst & Young welcomes the fact that, despite a difficult year for companies and global economies, the major capital markets of the world are moving ever closer to adopting International Financial Reporting Standards (IFRS) as the globally recognized accounting language. But 2009 will be a critical year in this process, and the challenges now faced must not be allowed to derail the significant progress made to date.


  

Ernst & Young press releases

Entrepreneurship and innovation

RHF Entrepreneurship and innovation: the keys to global economic recovery 

For details on our research, download "Entrepreneurship and innovation: the keys to global economic recovery" (pdf, 1.21mb).

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