A total of 72% of CEOs participating in the latest 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 has announced. A total of 85% of CEOs surveyed said they were optimistic that their companies would grow over the next three years. Thirty-four per cent of CEOs cited expanding markets as a factor contributing to improved competitiveness, while 28% mentioned structural transformation and 26% client-centred business practices. Among the factors contributing to deteriorating competitiveness, the CEOs identified taxation, narrowing markets, loss of markets and unpredictability. A significant number said growth risks included lack of trust, the unavailability of professionals and corruption.
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