Slovakia among most successful European countries in terms of job creation
Ernst & Young published the results of its survey on the Attractiveness of Europe for foreign investors. While Europe is still number one in attracting foreign direct investments (FDI) in the regions category, China and the U.S. are seen by investors as the most attractive individual countries. Unlike Czech Republic, Slovakia did not manage to penetrate into the global Top Ten this year, either. It ranked at number 15 within Europe in terms of received foreign investments. As regards the number of jobs created, Slovakia retained its sixth position in Europe.
Stan Jakubek becomes the new Managing Partner of Ernst & Young in Slovakia
Ernst & Young in Slovakia will have a new Country Managing Partner and Head of Tax starting from 1 August 2007. After five years of Peter Chrenko’s leadership, his position will be assumed by Stan Jakubek (38), a Canadian national of Slovak origin. Stan Jakubek joined Ernst & Young in 2004 and has so far worked in the Croatian and Slovenian Ernst & Young practices as a Partner in the Tax Advisory Services department.
Cirque du Soleil’s Guy Laliberté named Ernst & Young 2007 World Entrepreneur Of The Year
Guy Laliberté, Founder and CEO of Canada’s Cirque du Soleil was Saturday night named the 2007 Ernst & Young World Entrepreneur Of The Year at a glittering awards ceremony in Monte Carlo. Laliberté was picked from among 39 contestants, all of whom had already been named Entrepreneurs Of The Year in their home countries. Members of the eight-member independent judging panel who chose Laliberté were themselves well-known entrepreneurs. For the first time in history, the World Entrepreneur Of The Year title was also contested by Slovakia’s Miroslav Trnka, CTO and co-owner of ESET.
Slovaks feel free to report corruption compared to other Central Europeans
A majority of big companies in Slovakia have implemented a code of conduct (72%), which is about 13% more compared to the Czech republic and Hungary. Three out of five employees consider the code of conduct a useful tool in preventing fraud, bribery and corruption. This is favoured by a majority of employees saying to feel no obstacles to report these cases, latest Ernst & Young’s survey revealed. On the other hand, employees still feel whistleblower protection rights are not fully guaranteed in practice and almost 20% of them do not trust their companies to protect them. |
Central European Area IFRS Newsletter
In order to facilitate a better understanding and comprehension of International Financial Reporting Standards, which are key factors in the changes in the Act on Accounting and the Accounting Procedures, Ernst & Young has decided to publish CEA IFRS Newsletter. The latest issues are available in English and Slovak.
Ernst & Young Tax News
Read the latest issue of Ernst & Young Tax News, our newsletter offering an update on the most important taxation and legal developments in the Slovak Republic. Available in English and Slovak.
EU Tax News
Ernst & Young published the 17th issue of EU Tax News. This bi-monthly publication keeps you informed about tax and legal issues affecting businesses in the enlarged European Union. Available in English. Read more.
404 Perspectives #1 – Top-Down Risk-Based Approach
Ernst & Young has published the first newsletter containing focused, practical and thought-provoking ideas to help Directors of Finance, Financial Controllers, Sarbanes-Oxley program leaders, internal auditors and others to sustain their Section 404 implementation and compliance efforts. Available in English.
Corporate Governance: Web Survey Results
Corporate governance is becoming even more important, according to senior and executive management, and investors, who responded to Ernst & Young’s recent Corporate Governance Web Survey. The survey findings also suggest that in many cases management are less positive than board members on governance issues, including the track record of their companies on these issues. Read a summary of the results. (pdf, 390kB)
Global Review 2006
Ernst & Young's Global Review looks back at our performance during the year and shows why delivering on our promise of seamless, consistent, high-quality client service, worldwide matters. When we deliver on our promise we develop people, serve companies and strengthen communities. |
Euroconversion
Twelve of the fifteen EU member states introduced Euro notes and coins on 1 January 2002 as their countries’ legal tender. It is expected that the new member states that joined the EU on 1 May 2004 will launch the Euro between 2007 and 2010. The governments of these member states shall decide on the date and method of adopting the Euro.
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Ernst & Young in the Slovak Republic
Intra-firm industry specialization allows us to assign the best combination of audit and assurance, tax and transactions to our client.
Ernst & Young Slovakia
Ernst & Young has been providing professional services in Slovakia since 1991. Our professionals serve both local market leaders and multinational corporations, implementing a broad array of solutions in audit, tax, human capital and transactions support areas.
EU Advisory
Are you looking for financing for planned investments? Would you like to modernise your company, implement new technologies or train employees? Do you need more information on the changes related to Slovakia’s accession to the European Union? Ernst & Young EU Advisory Group will give you the right answers. |
