Article
Signs of optimism
Central Europe CFO Survey, 2014
The Deloitte CE CFO Survey is a unique collection of 13 locally tailored reports reflecting the opinions of almost 600 CFOs of leading companies in the Central European region. The findings are based on the fifth edition of a Deloitte survey undertaken from October to November 2013 in 13 countries in the region – Albania & Kosovo, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia and Slovenia. The survey captures shifts in CFOs’ opinions on factors including risks, GDP growth and financing priorities. It has become a benchmark for agile decision-making that takes into account the financial attitudes of major corporations across Central Europe.
Download the CE CFO reports
Slovenia - Lack of optimism
Hungary - Slight improvement
Latvia - One of Central Europe’s most optimistic outlooks
Lithuania - Ready to make new investments
Bosnia & Herzegovina - Challenging times but optimistic expectations
Czech Republic - Growth of optimism
Slovakia - Conservative approach
Serbia - Austerity versus optimism
Romania - Cautious optimism
Poland - Things are getting back to normal
Albania & Kosovo - Looking at ways to build long-term sustainability
Croatia - EU entry dominates the agenda
Bulgaria - Focus on growth
CE CFO Survey summary
- Despite signs of optimism, the majority of CFOs in Central Europe believe that the time has not yet come to take more risk on to company balance sheets
- Many CFOs plan to reduce gearing levels, associated with a corresponding expectation of higher financing costs
- While talent shortages are not of concern to most participating CFOs, there are opportunities for experienced financial professionals around the region
- The top priority for next year, shared by many CFOs in Central Europe, is simply to grow their revenues